Annual report pursuant to Section 13 and 15(d)

Segment Reporting (Tables)

v2.4.0.6
Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
Business Segment Financial Information
      Retail &   Regional &   Former                  
Income Statements   Business   Commercial   Regional           Treasury / Huntington
(dollar amounts in thousands)   Banking   Banking   Banking     AFCRE   WGH Other Consolidated
                                 
2011                              
Net interest income $ 932,385 $ 244,392 $ 1,176,777   $ 364,449 $ 199,536 $ (111,592) $ 1,629,170
Provision for credit losses   120,018   11,013   131,031     (8,939)   51,967   ---   174,059
Noninterest income   405,265   127,315   532,580     77,623   248,764   121,656   980,623
Noninterest expense   947,794   191,701   1,139,495     164,626   356,513   67,866   1,728,500
Provision for income taxes   94,443   59,147   153,590     100,234   13,937   (103,140)   164,621
Operating/reported net income $ 175,395 $ 109,846 $ 285,241   $ 186,151 $ 25,883 $ 45,338 $ 542,613
                                 
2010                              
Net interest income $ 867,069 $ 211,511 $ 1,078,580   $ 338,312 $ 169,201 $ 32,712 $ 1,618,805
Provision for credit losses   157,994   104,705   262,699     184,757   95,586   91,505   634,547
Noninterest income   394,705   111,237   505,942     73,933   338,633   123,350   1,041,858
Noninterest expense   902,186   158,871   1,061,057     155,963   358,707   98,078   1,673,805
Provision (benefit) for income taxes   70,558   20,710   91,268     25,033   18,740   (95,077)   39,964
Operating/reported net income (loss) $ 131,036 $ 38,462 $ 169,498   $ 46,492 $ 34,801 $ 61,556 $ 312,347
                                 
2009                              
Net interest income $ 810,658 $ 190,955 $ 1,001,613   $ 277,450 $ 164,335 $ (19,111) $ 1,424,287
Provision for credit losses   470,152   393,984   864,136     1,096,030   128,551   (14,046)   2,074,671
Noninterest income   415,471   95,705   511,176     63,929   267,695   162,844   1,005,644
Noninterest expense,                              
  excluding goodwill impairment   796,714   136,885   933,599     150,200   300,799   41,901   1,426,499
Goodwill impairment   ---   ---   2,573,818 (1)   ---   ---   33,126   2,606,944
Provision (benefit) for income taxes   (14,258)   (85,473)   (99,731)     (316,697)   937   (168,513)   (584,004)
Operating/reported net income (loss) $ (26,479) $ (158,736) $ (2,759,033)   $ (588,154) $ 1,743 $ 251,265 $ (3,094,179)
                                 
(1) Represents the 2009 first quarter goodwill impairment charge associated with the former Regional Banking segment. The allocation of this amount to the new business segments was not practical.
                               
Segment Disclosure of Assets and Deposits
    Assets at     Deposits at
    December 31,     December 31,
(dollar amounts in millions)   2011     2010     2011     2010
                       
Retail and Business Banking $ 13,889   $ 13,088   $ 27,536   $ 29,298
Regional and Commercial Banking   10,186     8,720     4,683     3,538
AFCRE   12,873     13,233     881     753
WGH   7,474     6,971     9,115     7,449
Treasury / Other   10,029     11,808     1,065     816
Total $ 54,451   $ 53,820   $ 43,280   $ 41,854