Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING

v3.3.1.900
SEGMENT REPORTING
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING
Our business segments are based on our internally-aligned segment leadership structure, which is how we monitor results and assess performance. We have five major business segments: Retail and Business Banking, Commercial Banking, Automobile Finance and Commercial Real Estate (AFCRE), Regional Banking and The Huntington Private Client Group (RBHPCG), and Home Lending. The Treasury / Other function includes our technology and operations, other unallocated assets, liabilities, revenue, and expense. Descriptions of our five business segments can be found in the Business section included in Item 1 of our 2014 Form 10-K.
Listed below is certain operating basis financial information reconciled to Huntington’s September 30, 2015,  December 31, 2014, and September 30, 2014, reported results by business segment:
 
Three Months Ended September 30,
Income Statements
Retail & Business Banking
 
Commercial Banking
 
AFCRE
 
RBHPCG
 
Home Lending
 
Treasury/Other
 
Huntington Consolidated
(dollar amounts in thousands)
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income
$
260,617

 
$
97,307

 
$
95,838

 
$
30,268

 
$
16,915

 
$
(5,490
)
 
$
495,455

Provision (reduction in allowance) for credit losses
(3,889
)
 
9,359

 
12,618

 
3,550

 
838

 

 
22,476

Noninterest income
114,856

 
65,803

 
5,774

 
35,811

 
11,640

 
19,235

 
253,119

Noninterest expense
254,488

 
75,447

 
38,769

 
68,054

 
40,986

 
48,764

 
526,508

Income taxes
43,706

 
27,406

 
17,579

 
(1,934
)
 
(4,644
)
 
(35,111
)
 
47,002

Net income (loss)
$
81,168

 
$
50,898

 
$
32,646

 
$
(3,591
)
 
$
(8,625
)
 
$
92

 
$
152,588

2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income
$
230,318

 
$
78,393

 
$
96,355

 
$
25,239

 
$
14,620

 
$
21,410

 
$
466,335

Provision (reduction in allowance) for credit losses
22,528

 
13,635

 
(18,660
)
 
3,179

 
3,797

 
1

 
24,480

Noninterest income
105,868

 
56,486

 
6,165

 
42,097

 
20,838

 
15,895

 
247,349

Noninterest expense
251,507

 
62,296

 
39,714

 
60,548

 
33,523

 
32,730

 
480,318

Income taxes
21,753

 
20,632

 
28,513

 
1,263

 
(652
)
 
(17,639
)
 
53,870

Net income (loss)
$
40,398

 
$
38,316

 
$
52,953

 
$
2,346

 
$
(1,210
)
 
$
22,213

 
$
155,016

 
Nine Months Ended September 30,
Income Statements
Retail & Business Banking
 
Commercial Banking
 
AFCRE
 
RBHPCG
 
Home Lending
 
Treasury/Other
 
Huntington Consolidated
(dollar amounts in thousands)
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income
$
766,188

 
$
266,638

 
$
286,042

 
$
84,843

 
$
48,545

 
$
1,570

 
$
1,453,826

Provision for credit losses
22,664

 
13,167

 
14,733

 
7,791

 
5,131

 

 
63,486

Noninterest income
323,552

 
191,039

 
22,024

 
114,198

 
62,274

 
53,428

 
766,515

Noninterest expense
771,339

 
208,236

 
112,802

 
189,901

 
118,414

 
76,450

 
1,477,142

Income taxes
103,508

 
82,696

 
63,186

 
472

 
(4,454
)
 
(80,343
)
 
165,065

Net income (loss)
$
192,229

 
$
153,578

 
$
117,345

 
$
877

 
$
(8,272
)
 
$
58,891

 
$
514,648

2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income
$
678,502

 
$
226,316

 
$
282,239

 
$
76,399

 
$
41,997

 
$
58,436

 
$
1,363,889

Provision for credit losses
63,962

 
33,681

 
(44,809
)
 
5,353

 
20,308

 

 
78,495

Noninterest income
306,364

 
157,107

 
19,706

 
132,080

 
59,946

 
70,698

 
745,901

Noninterest expense
732,623

 
188,170

 
116,568

 
176,595

 
101,490

 
83,629

 
1,399,075

Income taxes
65,898

 
56,550

 
80,565

 
9,286

 
(6,949
)
 
(41,908
)
 
163,442

Net income (loss)
$
122,383

 
$
105,022

 
$
149,621

 
$
17,245

 
$
(12,906
)
 
$
87,413

 
$
468,778

 
Assets at
 
Deposits at
(dollar amounts in thousands)
September 30,
2015
 
December 31,
2014
 
September 30,
2015
 
December 31,
2014
Retail & Business Banking
$
15,781,016

 
$
15,146,857

 
$
29,979,237

 
$
29,350,255

Commercial Banking
16,753,525

 
15,043,477

 
11,825,996

 
11,184,566

AFCRE
17,329,574

 
16,027,910

 
1,521,992

 
1,377,921

RBHPCG
3,447,385

 
3,871,020

 
7,377,486

 
6,727,892

Home Lending
4,061,686

 
3,949,247

 
305,068

 
326,841

Treasury / Other
12,836,992

 
12,259,499

 
3,234,932

 
2,764,676

Total
$
70,210,178

 
$
66,298,010

 
$
54,244,711

 
$
51,732,151