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

Parent Company Financial Statements (Tables)

3 Months Ended

Sep. 30, 2012

Balance Sheets		September 30,		December 31,
(dollar amounts in thousands)		2012		2011
Assets
Cash and cash equivalents	$	893,644	$	917,954
Due from The Huntington National Bank		314,281		616,565
Due from non-bank subsidiaries		89,156		188,732
Investment in The Huntington National Bank		4,632,783		4,073,722
Investment in non-bank subsidiaries		787,270		759,532
Accrued interest receivable and other assets		127,451		139,076
Total assets	$	6,844,585	$	6,695,581

Liabilities and Shareholders' Equity
Short-term borrowings	$	---	$	---
Long-term borrowings		700,009		899,779
Dividends payable, accrued expenses, and other liabilities		336,972		377,702
Total liabilities		1,036,981		1,277,481
Shareholders' equity (1)		5,807,604		5,418,100
Total liabilities and shareholders' equity	$	6,844,585	$	6,695,581

(1) See Huntington’s Condensed Consolidated Statements of Changes in Shareholders’ Equity.

					Three Months Ended				Nine Months Ended
	Statements of Income				September 30,				September 30,
	(dollar amounts in thousands)				2012		2011		2012		2011
	Income
		Dividends from
			The Huntington National Bank	$	---	$	---	$	---	$	---
			Non-bank subsidiaries		5,000		---		13,450		31,000
		Interest from
			The Huntington National Bank		8,523		20,248		32,112		60,644
			Non-bank subsidiaries		1,280		2,007		4,505		6,962
		Other			251		489		1,068		1,529
	Total income				15,054		22,744		51,135		100,135

	Expense
		Personnel costs			11,186		10,251		31,387		24,581
		Interest on borrowings			6,621		8,834		24,094		26,256
		Other			10,784		14,692		25,632		34,722
	Total expense				28,591		33,777		81,113		85,559

	Income (loss) before income taxes and equity in undistributed
		net income of subsidiaries			(13,537)		(11,033)		(29,978)		14,576
	Provision (benefit) for income taxes				(15,572)		(8,783)		(26,812)		(9,798)
	Income (loss) before equity in undistributed net income of subsidiaries				2,035		(2,250)		(3,166)		24,374
	Increase (decrease) in undistributed net income of:
		The Huntington National Bank			168,314		143,140		469,274		402,040
		Non-bank subsidiaries			(2,582)		2,501		7,635		(10,659)
	Net income			$	167,767	$	143,391	$	473,743	$	415,755

	Other comprehensive income (loss) (1)				51,435		42,139		89,221		117,092
	Comprehensive income			$	219,202	$	185,530	$	562,964	$	532,847

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

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

Operating activities
	Net income		$	473,743	$	415,755
	Adjustments to reconcile net income to net cash provided by operating activities
		Equity in undistributed net income of subsidiaries		(502,659)		(434,018)
		Depreciation and amortization		197		549
		Other, net		(25,494)		134,089
Net cash provided by (used for) operating activities				(54,213)		116,375

Investing activities
	Repayments from subsidiaries			(31,347)		(28,415)
	Advances to subsidiaries			453,625		99,023
Net cash provided by (used for) investing activities				422,278		70,608

Financing activities
	Payment of borrowings			(199,770)		(5,100)
	Dividends paid on stock			(127,136)		(50,152)
	Repurchases of common stock			(65,303)		---
	Redemption of Warrant to the Treasury			---		(49,100)
	Other, net			(166)		(551)
Net cash provided by (used for) financing activities				(392,375)		(104,903)
Change in cash and cash equivalents				(24,310)		82,080
Cash and cash equivalents at beginning of period				917,954		615,167
Cash and cash equivalents at end of period			$	893,644	$	697,247

Supplemental disclosure:
	Interest paid		$	24,904	$	26,256