Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating activities    
Net income $ 165,854us-gaap_NetIncomeLoss $ 149,143us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Goodwill, Impairment Loss 0us-gaap_GoodwillImpairmentLoss 3,000us-gaap_GoodwillImpairmentLoss
Provision for credit losses 20,591us-gaap_ProvisionForLoanAndLeaseLosses 24,630us-gaap_ProvisionForLoanAndLeaseLosses
Depreciation and amortization 95,664us-gaap_DepreciationAndAmortization 82,015us-gaap_DepreciationAndAmortization
Share-based compensation expense 11,095us-gaap_ShareBasedCompensation 9,418us-gaap_ShareBasedCompensation
Change in deferred income taxes (14,467)us-gaap_DeferredIncomeTaxExpenseBenefit (17,054)us-gaap_DeferredIncomeTaxExpenseBenefit
Originations of loans held for sale (843,057)us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale (461,764)us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale
Principal payments on and proceeds from loans held for sale 653,775us-gaap_ProceedsFromSaleOfLoansHeldForSale 447,907us-gaap_ProceedsFromSaleOfLoansHeldForSale
Gain on sale of loans held for sale (4,589)hban_GainOnSaleOfLoansHeldForSale (4,890)hban_GainOnSaleOfLoansHeldForSale
Gains on early extinguishment of debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt
Bargain purchase gain 0us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount 0us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount
Net gain on sales of securities 0us-gaap_GainLossOnSaleOfInvestments (16,970)us-gaap_GainLossOnSaleOfInvestments
Impairment losses recognized in earnings on available-for-sale securities 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
Other Noncash Income (Expense) 8,788us-gaap_OtherNoncashIncomeExpense 0us-gaap_OtherNoncashIncomeExpense
Net change in    
Trading account securities (5,435)us-gaap_IncreaseDecreaseInTradingSecurities (4,866)us-gaap_IncreaseDecreaseInTradingSecurities
Accrued income and other assets (58,226)hban_AccruedIncomeAndOtherAssets (21,970)hban_AccruedIncomeAndOtherAssets
Accrued expense and other liabilities (30,674)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities (32,635)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
Net cash provided by (used for) operating activities (18,257)us-gaap_NetCashProvidedByUsedInOperatingActivities 155,964us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities    
Decrease (Increase) in interest bearing deposits in banks (9,471)us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks (14,188)us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks
Net cash received in acquisitions (457,836)us-gaap_CashAcquiredFromAcquisition (13,452)us-gaap_CashAcquiredFromAcquisition
Proceeds from:    
Maturities and calls of available-for-sale and other securities 397,406us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 265,286us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
Maturities of held-to-maturity securities 124,631us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities 100,965us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
Sales of available-for-sale and other securities 0us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities 1,063,118us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities
Purchases of available-for-sale and other securities (878,256)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (1,655,751)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Purchases of held-to-maturity securities (82,557)us-gaap_PaymentsToAcquireHeldToMaturitySecurities 0us-gaap_PaymentsToAcquireHeldToMaturitySecurities
Net proceeds from sales of loans 89,347us-gaap_ProceedsFromSaleOfLoansHeldForInvestment 58,847us-gaap_ProceedsFromSaleOfLoansHeldForInvestment
Net loan and lease activity, excluding sales (332,637)us-gaap_PaymentsForProceedsFromLoansAndLeases (718,861)us-gaap_PaymentsForProceedsFromLoansAndLeases
Proceeds from sale of operating lease assets 0hban_ProceedsFromSaleOfOperatingLeaseAssets 287hban_ProceedsFromSaleOfOperatingLeaseAssets
Purchases of premises and equipment (13,094)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (10,613)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sales of other real estate 8,857us-gaap_ProceedsFromSaleOfForeclosedAssets 6,261us-gaap_ProceedsFromSaleOfForeclosedAssets
Purchases of loans and leases (16,474)us-gaap_PaymentsToAcquireLoansAndLeasesHeldForInvestment (40,121)us-gaap_PaymentsToAcquireLoansAndLeasesHeldForInvestment
PaymentsToAcquireIntangibleAssets 0us-gaap_PaymentsToAcquireIntangibleAssets 0us-gaap_PaymentsToAcquireIntangibleAssets
Other, net 1,278us-gaap_PaymentsForProceedsFromOtherInvestingActivities 1,704us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash provided by (used for) investing activities (1,168,806)us-gaap_NetCashProvidedByUsedInInvestingActivities (956,518)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities    
Increase (decrease) in deposits 1,081,204us-gaap_IncreaseDecreaseInDeposits 1,284,940us-gaap_IncreaseDecreaseInDeposits
Increase (decrease) in short-term borrowings (357,831)us-gaap_ProceedsFromRepaymentsOfShortTermDebt 1,161,892us-gaap_ProceedsFromRepaymentsOfShortTermDebt
Proceeds from Issuance of Other Long-term Debt 995,610us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt 500,000us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt
Maturity/redemption of long-term debt (750,076)us-gaap_RepaymentsOfOtherLongTermDebt (1,998,699)us-gaap_RepaymentsOfOtherLongTermDebt
Dividends paid on preferred stock (7,965)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (7,964)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Dividends paid on common stock (48,738)us-gaap_PaymentsOfDividendsCommonStock (41,146)us-gaap_PaymentsOfDividendsCommonStock
Proceeds from Issuance of Common Stock 0us-gaap_ProceedsFromIssuanceOfCommonStock 2,597us-gaap_ProceedsFromIssuanceOfCommonStock
ProceedsFromStockOptionsExercised 3,800us-gaap_ProceedsFromStockOptionsExercised 3,516us-gaap_ProceedsFromStockOptionsExercised
Repurchase of common stock (51,707)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue (136,137)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
Other, net 2,077us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 3,687us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash provided by (used for) financing activities 866,374us-gaap_NetCashProvidedByUsedInFinancingActivities 772,686us-gaap_NetCashProvidedByUsedInFinancingActivities
Increase (decrease) in cash and cash equivalents (320,689)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (27,868)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 1,220,565us-gaap_CashAndCashEquivalentsAtCarryingValue 1,001,132us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 899,876us-gaap_CashAndCashEquivalentsAtCarryingValue 973,264us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures:    
Interest paid 26,672us-gaap_InterestPaid 35,341us-gaap_InterestPaid
Income taxes paid (refunded) 353us-gaap_IncomeTaxesPaidNet 114us-gaap_IncomeTaxesPaidNet
Non-cash activities    
Loans transfered to portfolio from held-for-sale 1,257us-gaap_TransferOfLoansHeldForSaleToPortfolioLoans1 46,619us-gaap_TransferOfLoansHeldForSaleToPortfolioLoans1
Transfer of securities to held-to-maturity from available for sale 0us-gaap_TransferOfInvestments 0us-gaap_TransferOfInvestments
Loans transferred to loans held for sale 1,091,451us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1 0us-gaap_TransferOfPortfolioLoansAndLeasesToHeldForSale1
Dividends accrued, paid in subsequent quarter 54,049us-gaap_DividendsPayableCurrentAndNoncurrent 48,019us-gaap_DividendsPayableCurrentAndNoncurrent
Transfer of loans to OREO $ 6,575us-gaap_TransferOfOtherRealEstate $ 0us-gaap_TransferOfOtherRealEstate