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

Parent Company Financial Statements (Tables)

3 Months Ended

Jun. 30, 2013

Balance Sheets		June 30,		December 31,
(dollar amounts in thousands)		2013		2012
Assets
Cash and cash equivalents	$	921,099	$	921,471
Due from The Huntington National Bank		---		207,414
Due from non-bank subsidiaries		66,552		78,006
Investment in The Huntington National Bank		4,945,666		4,754,886
Investment in non-bank subsidiaries		795,060		774,055
Accrued interest receivable and other assets		158,151		131,358
Total assets	$	6,886,528	$	6,867,190

Liabilities and Shareholders' Equity
Short-term borrowings	$	---	$	---
Long-term borrowings		643,277		662,894
Dividends payable, accrued expenses, and other liabilities		459,736		414,085
Total liabilities		1,103,013		1,076,979
Shareholders' equity (1)		5,783,515		5,790,211
Total liabilities and shareholders' equity	$	6,886,528	$	6,867,190

(1) See Huntington’s Unaudited 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)				2013		2012		2013		2012
	Income
		Dividends from
			The Huntington National Bank	$	---	$	---	$	---	$	---
			Non-bank subsidiaries		---		---		---		8,450
		Interest from
			The Huntington National Bank		936		10,703		5,087		23,589
			Non-bank subsidiaries		796		1,592		1,618		3,225
		Other			517		404		913		817
	Total income				2,249		12,699		7,618		36,081

	Expense
		Personnel costs			14,797		10,488		28,210		20,201
		Interest on borrowings			2,433		8,294		8,550		17,473
		Other			9,803		7,269		14,867		14,848
	Total expense				27,033		26,051		51,627		52,522

	Income (loss) before income taxes and equity in undistributed
		net income of subsidiaries			(24,784)		(13,352)		(44,009)		(16,441)
	Provision (benefit) for income taxes				(6,164)		(148)		(14,016)		(11,240)
	Income (loss) before equity in undistributed net income of subsidiaries				(18,620)		(13,204)		(29,993)		(5,201)
	Increase (decrease) in undistributed net income of:
		The Huntington National Bank			163,401		158,536		319,037		300,960
		Non-bank subsidiaries			5,870		7,374		13,387		10,217
	Net income			$	150,651	$	152,706	$	302,431	$	305,976

	Other comprehensive income (loss) (1)				(123,781)		21,839		(132,919)		37,786
	Comprehensive income			$	26,870	$	174,545	$	169,512	$	343,762

(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)				2013		2012

Operating activities
	Net income		$	302,431	$	305,976
	Adjustments to reconcile net income to net cash provided by operating activities
		Equity in undistributed net income of subsidiaries		(340,189)		(327,875)
		Depreciation and amortization		143		129
		Other, net		47,556		83,764
Net cash provided by (used for) operating activities				9,941		61,994

Investing activities
	Repayments from subsidiaries			227,987		233,648
	Advances to subsidiaries			(2,150)		(20,103)
Net cash provided by (used for) investing activities				225,837		213,545

Financing activities
	Payment of borrowings			(50,000)		(85,475)
	Dividends paid on stock			(83,512)		(84,869)
	Repurchases of common stock			(108,798)		(40,230)
	Other, net			6,160		86
Net cash provided by (used for) financing activities				(236,150)		(210,488)
Change in cash and cash equivalents				(372)		65,051
Cash and cash equivalents at beginning of period				921,471		917,954
Cash and cash equivalents at end of period			$	921,099	$	983,005

Supplemental disclosure:
	Interest paid		$	8,550	$	17,473