Huntington Bancshares Incorporated Quarterly report pursuant to Section 13 or 15(d)

Parent Company Financial Statements (Tables)

3 Months Ended

Jun. 30, 2012

Balance Sheets		June 30,		December 31,
(dollar amounts in thousands)		2012		2011
Assets
Cash and cash equivalents (1)	$	983,005	$	917,954
Due from The Huntington National Bank		408,955		616,565
Due from non-bank subsidiaries		187,556		188,732
Investment in The Huntington National Bank		4,412,411		4,073,722
Investment in non-bank subsidiaries		785,411		759,532
Accrued interest receivable and other assets		118,273		139,076
Total assets	$	6,895,611	$	6,695,581

Liabilities and Shareholders' Equity
Short-term borrowings	$	---	$	---
Long-term borrowings		814,304		899,779
Dividends payable, accrued expenses, and other liabilities		432,076		377,702
Total liabilities		1,246,380		1,277,481
Shareholders' equity (2)		5,649,231		5,418,100
Total liabilities and shareholders' equity	$	6,895,611	$	6,695,581

(1) Includes restricted cash of $125,000.
(2) See Huntington’s Condensed Consolidated Statements of Changes in Shareholders’ Equity.

					Three Months Ended				Six Months Ended
	Statements of Income				June 30,				June 30,
	(dollar amounts in thousands)				2012		2011		2012		2011
	Income
		Dividends from
			The Huntington National Bank	$	---	$	---	$	---	$	---
			Non-bank subsidiaries		---		25,000		8,450		31,000
		Interest from
			The Huntington National Bank		10,703		20,211		23,589		40,396
			Non-bank subsidiaries		1,592		2,259		3,225		4,955
		Other			404		439		817		1,040
	Total income				12,699		47,909		36,081		77,391

	Expense
		Personnel costs			10,488		9,575		20,201		14,330
		Interest on borrowings			8,294		8,728		17,473		17,422
		Other			7,269		10,465		14,848		20,030
	Total expense				26,051		28,768		52,522		51,782

	Income (loss) before income taxes and equity in undistributed
		net income of subsidiaries			(13,352)		19,141		(16,441)		25,609
	Provision (benefit) for income taxes				(148)		(3,051)		(11,240)		(1,015)
	Income (loss) before equity in undistributed net income of subsidiaries				(13,204)		22,192		(5,201)		26,624
	Increase (decrease) in undistributed net income of:
		The Huntington National Bank			158,536		140,784		300,960		258,900
		Non-bank subsidiaries			7,374		(17,058)		10,217		(13,160)
	Net income			$	152,706	$	145,918	$	305,976	$	272,364

	Other comprehensive income (loss) (1)				21,839		81,378		37,786		74,953
	Comprehensive income			$	174,545	$	227,296	$	343,762	$	347,317

(1) See Condensed Consolidated Statements of Comprehensive Income for other comprehensive income (loss) detail.

				Six Months Ended
Statements of Cash Flows				June 30,
(dollar amounts in thousands)				2012		2011

Operating activities
	Net income		$	305,976	$	272,364
	Adjustments to reconcile net income to net cash provided by operating activities
		Equity in undistributed net income of subsidiaries		(327,875)		(284,538)
		Depreciation and amortization		129		369
		Other, net		83,764		87,922
Net cash provided by (used for) operating activities				61,994		76,117

Investing activities
	Repayments from subsidiaries			233,648		63,198
	Advances to subsidiaries			(20,103)		(23,535)
Net cash provided by (used for) investing activities				213,545		39,663

Financing activities
	Payment of borrowings			(85,475)		(5,000)
	Dividends paid on stock			(84,869)		(32,651)
	Repurchases of common stock			(40,230)		---
	Redemption of Warrant to the Treasury			---		(49,100)
	Other, net			86		(13)
Net cash provided by (used for) financing activities				(210,488)		(86,764)
Change in cash and cash equivalents				65,051		29,016
Cash and cash equivalents at beginning of period				917,954		615,167
Cash and cash equivalents at end of period			$	983,005	$	644,183

Supplemental disclosure:
	Interest paid		$	17,473	$	17,422