Huntington Bancshares Incorporated · NASDAQ:HBAN
Huntington Bancshares — Q2 2010 Earnings Presentation
190 slides from Huntington Bancshares's earnings presentation, Aug 17, 2010
Slide 1: 2010 Third Quarter Investor Handout
2010 Third Quarter Investor Handout August 16, 2010
Slide 2: Table of Contents
Table of Contents Overview Discussion 4Quarterly Financial Review 36 Quarterly performance highlights 37 Pre-tax, pre-provision income 39 Significant items impacting comparisons 40 Income Statement 41 Net interest margin 42 Noninterest income 45 Noninterest expense 47 Operating leverage / efficiency
Slide 3: Overview Discussion
Overview Discussion
Slide 4: Earnings Performance Assessment
Earnings Performance Assessment Return to profitability1Q10 - $39.7 MM reported net income $0.01 EPSIncluded $38.2 MM, or $0.05 EPS, net tax benefit2Q10 - $48.8 MM reported net income $0.03 EPSIncluded $(75.5) MM, or $0.07 EPS, negative impact from Franklin loans transferred to held for salePre-tax,
Slide 5: Pre-Tax, Pre-Provision Income
(CHART) Pre-Tax, Pre-Provision Income (1) 5 ($MM) (CHART) (1) See Basis of Presentation for definition, as well as reconciliation on slide #39(2) Annualized PTPP Earnings Power (2) +15% +2% +3% +2% +4% +7%
Slide 6: Pre-Tax, Pre-Provision Earnings Power Sensitivity Analysis
Pre-Tax, Pre-Provision Earnings Power 6 Sensitivity Analysis on $270 MM
Slide 7: Balance Sheet Assessment
Balance Sheet Assessment Liquidity position is strong$9.9 billion in cash and investment securitiesLoan growth is emergingAuto loan growth is strongResidential mortgages up slightlyCore C&I up slightlyFunding is balancedStrong growth of low-cost core deposits93% loan-to-deposit ratio 7
Slide 8: Loan and Lease Trends Linked Quarter
Loan and Lease Trends Linked Quarter 8
Slide 9: Total Core Deposit Trends
Total Core Deposit Trends Annualized Grow th ¢ 2al0v 1G10v—_2010v Average ea are | ioi0. cng, =n. Commercial Derand deposits nor-int bearing [EQERI) 13% «897 % © 18% Derand deposits - int. bearing 17 a 2 70 Other core deposits © 4 20 2 Total 15 Ta 2 Consumer Derand deposits - nar-int. bearing 13 24
Slide 10: Net Interest Income Trends
Net Interest Income Trends Net Interest MarginPositivesRoll-off of higher priced CDsMix shift to lower cost depositsLoan pricing opportunitiesPositioning for higher interest ratesNegativesGrowth in low-margin investments securities vs. loans as excess deposit cash flows are redeployedFlattening yiel
Slide 11: Net Interest Income & Margin
(CHART) (CHART) Change 2Q10 vs. 1Q10:Deposit mix & pricing 15 bpsFranklin related (6)Asset /liability mgmt. strategies (6) Day count & other (4) Total change (1) bps Net Interest Income & Margin (1) ($MM) 11 (1) Fully-taxable equivalent basis Net Interest Margin (FTE) Net Interest Income (FTE)
Slide 12: Deposits, Deposit Mix and CD Maturities
(CHART) (CHART) Deposits ($B) 12 Deposit Mix CD Maturities & Avg. Rate on Maturities
Slide 13: Fee Income Trends
Fee Income Trends Drivers of GrowthTrust incomeBrokerage incomeTreasury managementChallengesMortgage banking incomeDeposit service charge outlook (Reg E)Electronic service charges (Interchange fee income) 13
Slide 14: Noninterest Income Trends Linked Quarter
Noninterest Income Trends 14 Linked Quarter
Slide 15: Impact of Regulatory Changes
Impact of Regulatory Changes Implementation of Reg E~$90 MM of annual personal NSF/OD service charges impactedMitigate impact via opt-in outreach and other strategiesVery proactive outreach efforts began in early AprilOpt-in results to date are surpassing expectations and are higher than most peers2
Slide 16: Noninterest Expense Trends
Noninterest Expense Trends Investments in GrowthRetail and Business BankingCommercial BankingPrivate Financial GroupTechnologyMarketingOpportunities for ReductionsCollection expenseORE and foreclosure expenseSourcing initiatives 16
Slide 17: Noninterest Expense Trends Linked Quarter
Noninterest Expense Trends Linked Quarter 17
Slide 18: Credit Quality Assessment
Credit Quality Assessment Loan Portfolio Significantly De-RiskedCommercial "criticized" loans trending downTotal criticized 2Q10 (11)% 1Q10 (7)% New criticized 2Q10 (8)% 1Q10 (68)%Delinquencies trending downTotal commercial 30+ DPD 2Q10 0.95% +4 bp 1Q10 0.91% (9) bpTotal consumer 30+ DPD 2Q10 3.04%
Slide 19: Provision, NCO, and ACL
(CHART) Provision, NCO, and ACL 19 ($MM) (1) NCO % annualizedEnd of period (CHART) $0.17PS $0.59 PS $0.52 PS $0.81 PS $0.21 PS Allowance for Credit Losses vs.NALs (2) Loan Loss Provision vs.Net Charge-offs (1)
Slide 20: Relative Performance - LLR Ratios
(CHART) Relative Performance - LLR Ratios (1) (1) Period end; Exclude Franklin 20
Slide 21: Relative Performance - NAL/NPL Coverage
(CHART) Relative Performance - NAL/NPL Coverage (1) 21 (1) Period end; Exclude Franklin
Slide 22: Capital Assessment
Capital Assessment Solid capital12.51% and 14.79% Tier 1 and Total risk-based capital ratios, respectively... $2.8 billion and $2.0 billion, respectively, above "well capitalized" thresholds6.12% tangible common equity ratio, up 16 bps7.06% Tier 1 common risk-based capital ratio, up 51 bpsGenerating
Slide 23: Capital
Capital (1) 2Q10 1Q10 4Q09 3Q09 2Q09 Total risk-weighted assets ($B) $42.5 $42.5 $43.2 $44.1 $45.5 Tier 1 leverage 10.45% 10.05% 10.09% 11.30% 10.62% Tier 1 risk-based capital 12.51 11.97 12.03 13.04 11.85 Total risk-based capital 14.79 14.28 14.41 16.23 14.94 Tangible common equity/assets 6.12 5.96
Slide 24: Capital Analysis - 6/30/10
(CHART) Capital Analysis - 6/30/10 24 (CHART) 6.0% (1) 10.0% (1) Source: SNL, Company reports. (1) Regulatory "well-capitalized" threshold (2) Repaid TARP Regulatory Total Regulatory Tier 1
Slide 25: Capital Analysis - 6/30/10
(CHART) Capital Analysis - 6/30/10 25 (CHART) Source: SNL, Company reports. (1) Includes impact of convertible preferred (2) Repaid TARP Tier 1 Common Risk-Based Tangible Common Equity
Slide 26: TARP Repayment
TARP Repayment Better positioned for repaymentStrong balance sheet liquidityCurrent regulatory capital in excess of existing "well capitalized" thresholdsReturned to generating capital internallyFactors for consideration before repaymentConsistent demonstrated profitable performance with growth in e
Slide 27: Impact of Regulatory Changes
Impact of Regulatory Changes Dodd-Frank ActTrust Preferred Capital Legislation$570 MM of trust preferred securities~1.34% potential impact to regulatory Tier 1 capital3-year phase in period beginning on 1/1/13 provides time to strategize around new legislation 27
Slide 28: Staged Strategic Plan Implementation
OptimizeCurrentFranchise 28 Staged Strategic Plan Implementation LaytheFoundation Invest in theCore Capital and liquidityOrganizational changes Build management depthCredit and risk management Cross-sell / share of walletProfitability / pricingInvest in capabilities Build out sales forces, channels,
Slide 29: A Comprehensive, Integrated Strategy
29 De-risked balance sheetEnhanced oversight and governance Move away from thrift-like balance sheet of CRE and CDsImproved deposit and loan spreads Greater customer share-of-wallet and profitabilityPrimary bank - what we measure and reward Sales management and capacityDistribution / channelsBrand i
Slide 30: Positioning for Growth
Positioning for Growth 2Q10 HighlightsHired / appointed new key executives in revenue generating businessesCommercial Banking - Central Ohio, Cleveland, Equipment FinancePFG - Huntington Asset Services, Huntington Insurance, Dayton trust and private banking teamExpanded / upgraded distributionRetail
Slide 31: 2Q10 Transfer of Franklin Loans to Held for Sale
2Q10 Transfer of Franklin Loans to Held for Sale Description Transferred $397.7 MM of loans to held for saleEstablished value at $323.4 MM$75.5 MM of charge-offs $75.5 MM of provision expense ($0.07 per share)On July 20, we sold $274 MM of the residential mortgages RationaleMoves our credit metrics
Slide 32: Transfer of Franklin Loans to Held for Sale
Transfer of Franklin Loans to Held for Sale 32
Slide 33: 2010 Second Half Expectations
2010 Second Half Expectations Economy remains relatively unchanged / borrower confidence remains lowNo significant change in interest ratesPre-tax, pre-provision income in-line with reported 2Q performance Net interest margin that approximates 1H10 performanceModest loan growth... modest C&I loan gr
Slide 34: 2010 Objectives
2010 Objectives Grow revenue and profitabilityImprove cross sell and share-of-wallet profitability across all business segmentsGrow key fee businesses... existing and newLower NCOs and NPAsReduce CRE "noncore" exposureContinue to explore opportunities to further de-risk the balance sheet 34
Slide 35: Important Messages
Important Messages Balance sheet is strongSufficient capital with expectation for sustained internal capital generationSubstantially improved credit quality performance is positioning us towards top quartile performanceUnderlying earnings and profitability are growingIncreased opportunities and atte
Slide 36: Quarterly Financial Review
Quarterly Financial Review
Slide 37: Quarterly Performance Highlights
Quarterly Performance Highlights 2Q10 1Q10 4Q09 3Q09 2Q09 EPS $0.03 $0.01 $(0.56) $(0.33) $(0.40) Pre-tax pre-provision income ($MM) (1) $270.5 $251.8 $242.1 $237.1 $229.3 Net interest margin 3.46% 3.47% 3.19% 3.20% 3.10% Efficiency ratio (2) 59.4% 60.1% 49.0% 61.4% 51.0% Loan & lease growth (3) 1%
Slide 38: Quarterly Earnings
Quarterly Earnings Change Better (Worse) vs. (anu ToI0 2008 2009 Art ‘Ant Pet Net interest income (EEE 3 99 [§ 58 [§ 498 ~ 14 % Provision (193.4) (413.7) 6 ma 63 Noninterest income 265.6 265.9 28.8 az 1 Noninterest expense [UREN] 340.0) (15.7) 738) (2) Pre-tax income/(loss) ete | 18 (137.8) 60.4 199
Slide 39: Pre-Tax, Pre-Provision Income
Pre-Tax, Pre-Provision Income (1) 39
Slide 40: Quarterly Significant Items Impacting Comparisons
2010 - 2009 Quarterly 40 Significant Items (1) Impacting Financial Performance Comparisons - Reconciliation
Slide 41: Income Statement
Income Statement
Slide 42: Net Interest Margin - Yields & Rates
Net Interest Margin - Yields & Rates (CHART) 42 (CHART) Earning Assets Interest Bearing Liabilities Fed Funds Net Interest Margin Loans Investment Securities Earning Asset Yields NIM - Yields & Rates
Slide 43: Earning Assets and Funding Composition
Earning Assets and Funding Composition (1) (CHART) 43 (1) Average balances (2) Interest bearing liabilities + DDA noninterest bearing (CHART) Funding (2) Earning Asset Composition
Slide 44: Managing Interest Rate Risk
(CHART) Managing Interest Rate Risk 44 Estimated impact on annualized net interest income over the next 12-month period assuming a gradual change in rates over the next 12-month period above and beyond any rate change already implied in the current yield curve. Net Interest Income at Risk (1) Forwar
Slide 45: Noninterest Income Trends Prior-Year Quarter
Noninterest Income Trends 45 Prior-Year Quarter
Slide 46: Mortgage Banking Income
Mortgage Banking Income ($MM) 2Q10 1Q10 4Q09 3Q09 2Q09 Origination & secondary marketing $19.8 $13.6 $16.5 $16.5 $31.8 Servicing fees 12.1 12.4 12.3 12.3 12.0 Amortization of capitalized servicing (10.1) (10.1) (10.8) (10.1) (14.4) Other mortgage banking income 3.7 3.2 4.5 4.1 5.4 Sub-total 25.5 19.
Slide 47: Noninterest Expense Trends Prior-Year Quarter
Noninterest Expense Trends 47 Prior-Year Quarter
Slide 48: Noninterest Expense
Noninterest Expense (CHART) (CHART) ($MM) 48 (1) Excluding goodwill impairment in 1Q09 and 2Q09 of $2,602.7 MM and $4.2 MM, respectively; and 2Q09 and 4Q09 gains on the redemption of debt of $67.4 MM and $73.6 MM, respectively Number of Employees - Full Time Equivalent Noninterest Expense (1)
Slide 49: Operating Leverage & Efficiency Ratio Trends
Operating Leverage & Efficiency Ratio Trends 49
Slide 50: Efficiency Ratio
(CHART) Efficiency Ratio (1) Reported revenue and expenses adjusted for automobile operating lease expense and other items affecting comparability including merger costs. See Operating Leverage & Efficiency Ratio Trend slide for a reconciliation between GAAP and adjusted revenue and expenses. (1) 50
Slide 51: Balance Sheet
Balance Sheet
Slide 52: Balance Sheet — Assets
Balance Sheet — Assets zoe June't0 vs 108 in witions Tune ‘Anount Peioent ‘Assets Cash and due frombanks 320% 8 EN) 2K Interest bearing deposits in barks 389 ea 24K Trading accounts ecurtis 6 4 Ha Loans held forsale 580 28 aot investments ecuties 5805 > a0 3% Loans and eases: Commecial and industial
Slide 53: Balance Sheet - Liabilities & Shareholders' Equity
Balance Sheet - Liabilities & Shareholders' Equity 53
Slide 54: Investment Securities
Investment Securities
Slide 55: Investment Securities
(CHART) (CHART) Investment Securities ($MM) 55 % of Average Earning Assets Average Balance & Yield
Slide 56: Investment Securities Trends
Investment Securities Trends (1) Linked Quarter - Average 56 Treasury/Agency debt with weighted average life of < 2 yearsAgency CMOs with weighted average life of 3.5 years
Slide 57: AFS Securities Overview - 6/30/10
AFS Securities Overview (1) - 6/30/10 57
Slide 58: Investment Securities - Assessment
Investment Securities - Assessment (1) 58 6/30/10OCI - accumulated other comprehensive income; pre-taxOTTI - other-than-temporary impairment Par Value Book Value Market Value OCIAlt-A mortgage backed $135 MM $127 MM $112 MM $(15) MM - Purchased 2006 % to Par Value 83% - 6 securities - senior tranche
Slide 59: Available for Sale Securities Mix
(CHART) Available for Sale Securities Mix 6/30/10$8.6 B (1)2.4 Years 12/31/07$4.5 B3.2 Years 12/31/08$4.4 B5.2 Years 12/31/09$8.6 B2.4 Years 59 Excludes $251 million of variable rate demand notes (1)
Slide 60: Investment Securities - Credit Quality
(CHART) Investment Securities - Credit Quality (1) 60 (1) Percent calculation excludes FRB/FHLB stock required to be held by regulation(2) Excludes $251 MM of variable rate demand notes (2)
Slide 61: Total Loan Portfolio Overview
Total Loan Portfolio Overview
Slide 62: Credit Exposure Composition
Credit Exposure Composition ($B) 6/30/10 6/30/10 6/30/10 12/31/09 12/31/09 12/31/09 12/31/08 12/31/08 12/31/08 12/31/07 12/31/07 12/31/07 12/31/06 12/31/06 12/31/06 Amt Pct Amt Pct Amt Pct Amt Pct Amt Pct Commercial & industrial $12.4 34 % $12.9 35 % $13.5 33 % $13.1 33 % $7.8 30 % Commercial real e
Slide 63: Total Loans and Leases - By Business Segment
Total Loans and Leases - By Business Segment Total Loans and Leases - By Business Segment 63 Avg. Outstandings - $37.1 Billion 2Q10
Slide 64: Total Loans and Leases Portfolio Overview
(CHART) Total Loans and Leases Portfolio Overview ($B) 64 $20.1 $5.5 $2.5 $1.3 $2.3 $1.9 $0.6 $3.0 EOP Outstandings - $37.0 Billion (1) (1) 6/30/10 By State
Slide 65: Loan and Lease Trends Prior-Year Quarter
Loan and Lease Trends Prior-Year Quarter 65 (1) Reflects 1Q10 impact of bringing back on the balance sheet a $0.7 B automobile loan securitization (1)
Slide 66: Total Commercial Loans
Total Commercial Loans
Slide 67: Total Commercial Loans
(CHART) Total Commercial Loans ($B) 67 EOP Outstandings - $19.6 Billion (1) (1) 6/30/10 By Industry $7.0 $4.1 $2.2 $2.4 $1.4 $0.9 $0.9 $0.5 $0.2 $0.1
Slide 68: Commercial Loans - Risk Grade Distribution
(CHART) Commercial Loans - Risk Grade Distribution 68 PD Risk Grades (Moody's or Regulatory Definition) Percent of End of Period Balances ($B) $23.6 $22.3 $20.6 $19.7 10% 13% 16% 16% 4% 8% 8% 8% 15% 18% 18% 19% 15% 16% 19% 20% 18% 17% 18% 22% 13% 13% 13% 14% 10% 10% 10% 12% 2% 2% 2% 3% 15% 6% 19% 15
Slide 69: Total Commercial Loans by Size
(CHART) Total Commercial Loans EOP Outstandings - $19.6 Billion (1) (CHART) 55% 15% 20% 7% 3% 732 2% 37,74598% 69 (1) 6/30/10 Loans by Dollar Size # of Loans by Size $5 MM - < $10 MM 412$10 MM - < $25 MM 270$25 MM - < $50 MM 41> $50 MM 9Total 732
Slide 70: Total Commercial Loan - Delinquencies
Total Commercial Loan - Delinquencies (1) (CHART) (CHART) (1) Period end; delinquent but accruing as a % of related outstandings at EOP 70 90+ Days 30+ Days
Slide 71: Total Commercial Loans - Criticized Loan Flow Analysis
($MM) 2Q10 1Q10 4Q09 3Q09 2Q09 Criticized beginning-of-period $4,608 $4,972 $4,855 $4,679 $3,174 Additions / increases 280 306 950 795 2,086 Advances 79 91 110 71 73 Upgrades to "Pass" (409) (273) (134) (136) (151) Paydowns (331) (324) (428) (298) (223) Charge-offs (121) (164) (381) (256) (277) Crit
Slide 72: Commercial and Industrial Loans (C&I)
Commercial and Industrial Loans (C&I)
Slide 73: C&I - Overview
EOP Outstandings - $12.4 Billion (1)Diversified by sector and geographically within our Midwest footprintGranular7 loans >$50 million... 4% of portfolio40 loans $20-$50 million... 9% of the portfolioFocus on middle market companies with $10-$100 million in sales4Q09 portfolio originations associated
Slide 74: C&I - Credit Risk Management Strategies
C&I - Credit Risk Management Strategies What We DoLend within our footprintLending to defined relationship oriented clientsDisciplined credit policies and processesUnderstanding our client's market / industry and their durable competitive advantageUnderwriting to historical cash flows with collatera
Slide 75: C&I - Credit Risk Management Strategies Outlook
C&I - Credit Risk Management Strategies OutlookTarget segments includeHomebuilder-related entities - moderating stress based on improving economic conditionsConstruction and specialty contractors - continued higher riskManufacturing - could be opportunity for measured growthEnhanced focus on portfol
Slide 76: C&I - Portfolio Composition
(CHART) C & I - Portfolio Composition ($B) 76 EOP Outstandings - $12.4 Billion (1) (1) 6/30/10 By Industry $3.6 $2.2 $1.5 $1.2 $1.1 $0.8 $0.7 $0.6 $0.4 $0.2 $0.1 < $0.1
Slide 77: C&I - Trends
(CHART) C&I - Trends ($MM) 77 Change Analysis - 2Q10 vs. 2Q09 Period-End Balance ($MM) Originations $1,462 Net payments / payoffs / takedowns (2,736) Net reclassifications 687 Charge-offs (341) Net change $(928)
Slide 78: Total C&I Loan Portfolio Composition By Industry
78 Total C & I Loan Portfolio Composition 78 By Industry - % of Total C&I EOP Outstandings - $12.4 Billion (1) (1) 6/30/10 ($ MM) No. O/S % of Total Delinquent Classified NAL Services 11,971 $3,600 29.1% 2.9% 7.3% 3.0% Manufacturing 4,170 2,162 17.5 4.1 18.5 6.1 Finance, insurance & real estate 3,03
Slide 79: C&I - Portfolio Composition by Obligor Size
(CHART) C & I - Portfolio Composition ($B) 79 EOP Outstandings - $12.4 Billion (1) (1) 6/30/10 By Loan Outstanding Obligor Size & Number of Obligors 7 40 123 248 1,685 1,663 28,257
Slide 80: C&I Loan Portfolio Composition By Maturity
(CHART) C & I Loan Portfolio Composition ($B) 80 EOP Outstandings - $12.4 Billion (1) (1) 6/30/10 By Maturity $1.9 $4.4 $1.3 $1.3 $2.0 $1.1 $0.4
Slide 81: C&I Collateral Quality Assessment
81 Total C & I Loan Portfolio Composition Industry By Collateral Quality Assessment - 6/30/10 Strong: LGD 15% or less Average: LGD 16-35%Below Avg: LGD 36-55% Limited: LGD >55% * 1/3 of Limited is associated with unsecured loans ($ MM) O/S Strong Average Below Average Limited (1) Services $3,600 9.3
Slide 82: C&I - Change Analysis
C&I - Change Analysis ($MM) 2Q10 1Q10 Beginning of period $12,245 $12,888 Originations 331 287 Net payments / payoffs / takedowns (130) (547) Net reclassifications 14 (300) Charge-offs (68) (83) End of period $12,392 $12,245 82
Slide 83: C&I - Credit Quality
83 C & I - Credit Quality Net Charge-offs Net Charge-offs Net Charge-offs Nonaccrual Loans Nonaccrual Loans ($ MM) Amount Pct. (2) % of Total Amount Pct. (3) Services $22.8 2.47% 39.2% $109.5 3.0% Manufacturing 10.5 2.04 18.0 132.9 6.1 Finance, insurance & real estate 8.2 1.74 14.2 54.0 3.7 Retail t
Slide 84: C&I - Credit Quality By Segment
84 By Segment - 6/30/10 C & I - Credit Quality ($MM) O/S 30+ PD Accruing Class. NAL's ACL C & I (Excluding segments below) $11,121 0.72% 9.07% 3.30% 3.61% Residential homebuilder related 555 0.38 21.74 5.27 4.84 Construction & contractors 557 1.35 12.18 4.10 3.24 Auto industry suppliers 160 0.64 27.
Slide 85: C&I - Auto Industry
85 C & I - Auto Industry (1) Outstandings (2) ($MM) 2Q10 1Q10 4Q09 3Q09 2Q09 Suppliers Domestic $ 136 $ 147 $ 163 $ 184 $ 196 Foreign 24 24 24 31 33 Total suppliers 160 171 187 215 229 Dealers Floorplan-domestic 411 363 388 298 444 Floorplan-foreign 292 296 283 252 339 Total floorplan 703 659 671 55
Slide 86: Commercial Real Estate Loans (CRE)
Commercial Real Estate Loans (CRE)
Slide 87: CRE - Overview
CRE - Overview EOP Outstandings - $7.2 Billion (1)Granular portfolio with geographic and project diversification throughout our footprintConstruction lending targeted to major metro marketsCRE - Retail ($2.0 billion)Loans originated with quality developers that have experience and financial capacity
Slide 88: CRE - Portfolio Composition
(CHART) 88 CRE - Portfolio Composition Permanent 28% Mini-perm Traditional35% Construction 19% Non Project Loans 7% (CHART) Lines / Letters of Credit3% (1) 6/30/10 Permanent Qualified8% Mini-perm Traditional - Typically 2- to 5-year term loans to allow properties to reach stabilized operating levels
Slide 89: CRE - Trends
(CHART) CRE - Trends ($MM) 89 Change Analysis - 2Q10 vs. 2Q09 Period-End Balance ($MM) Originations $ 119 Takedowns 925 Net payments / payoffs (1,623) Net reclassifications (568) Charge-offs (614) Net change $(1,762)
Slide 90: CRE - Change Analysis
1Q10 ($MM) SFHB Retail Other Total CRE December 31, 2009 $857 $2,115 $4,717 $7,689 New originations -- -- -- -- Net pay-offs / takedowns (36) (45) (55) (135) Charge-offs (23) (24) (43) (90) Net reclass 6 19 (32) (8) March 31, 2010 $805 $2,064 $4,587 $7,456 Net change $(52) $(51) $(130) $(233) CRE -
Slide 91: CRE - Credit Quality Overview By Segment
91 By Segment - 6/30/10 CRE - Credit Quality Overview Current Coverage Current Coverage Current Coverage ($MM) O/S 30+ PD Accruing Class. NAL's ACL Write-downs (1) Credit Mark (2) CRE (Exc. SFHB & Retail) $4,539 1.39% 16.36% 7.24% 8.21% 3.65% 11.4% SFHB 684 2.43 57.90 21.92 17.83 20.39 31.7 Retail 1
Slide 92: CRE - Credit Quality - NCOs
92 CRE - Credit Quality - NCOs (1) Listed by portfolio size ; Annualized % By Property Type (1)
Slide 93: CRE - Credit Quality - NALs
93 CRE - Credit Quality - NALs (1) Listed by portfolio size ; % of related outstandings By Property Type (1)
Slide 94: CRE - Credit Quality By Loan Type
94 By Loan Type - 6/30/10 CRE - Credit Quality ($MM) O/S 30+ PD Accruing Class. NAL's ACL Construction $1,107 0.06% 35.35% 22.60% 28.59% Lines / letters of credit 222 3.04 40.61 6.64 4.41 Non project loans 559 0.93 6.49 2.90 4.22 Mini-perm traditional 2,650 2.31 26.10 9.69 37.43 Permanent qualified
Slide 95: CRE - Maturity Schedule
95 By Loan Type - 6/30/10 CRE - Maturity Schedule ($MM) Within 12 Mos. 1 - 2 Years 2 - 5 Years 5+ Years Total Construction $ 752 $ 223 $ 121 $ 11 $1,106 Lines / letters of credit 162 37 8 15 222 Non project loans 233 122 130 73 559 Mini-perm traditional 1,798 505 347 -- 2,650 Permanent qualified --
Slide 96: CRE - Retail
96 CRE - Retail ($MM) 2Q10 1Q10 4Q09 3Q09 2Q09 Community centers (2) $979 $1,011 $1,037 $1,127 $1,180 Mixed / lifestyle (2) 239 255 253 274 262 Regional centers (2) 172 175 174 181 191 Credit / freestanding (2) 246 252 266 278 294 Other (2) 325 371 385 376 374 Retail exposure trends (2) $1,960 $2,06
Slide 97: CRE - Retail - Credit Quality
CRE - Retail - Credit Quality EOP Outstandings - $2.0 Billion (1) 97 ($MM) 2Q10 1Q10 4Q09 3Q09 2Q09 30+ days PD (2) - $ $139 $190 $197 $220 $217 - % 7.08% 9.20% 9.32% 9.84% 9.43% 30+ days PD & accruing (2) - $ $14 $22 $42 $20 $48 - % 0.72 1.06 1.98% 0.90% 2.10% Classified (2) - $ $458 $525 $461 $498
Slide 98: CRE - Single Family Homebuilders
($MM) 2Q10 1Q10 4Q09 3Q09 2Q09 Vertical construction (2) $451 $553 $577 $718 $802 Land under development (2) 105 117 130 155 180 Land held for development (2) 128 135 151 166 180 Total $684 $805 $857 $1,039 $1,162 CRE - Single Family Homebuilders EOP Outstandings - $0.7 Billion (1)Portfolio Characte
Slide 99: CRE - Single Family Homebuilder - Credit Quality
CRE - Single Family Homebuilder - Credit Quality EOP Outstandings - $0.7 Billion (1) 99 ($MM) 2Q10 1Q10 4Q09 3Q09 2Q09 30+ days PD (2) - $ $143 $209 $201 $296 $263 - % 20.8% 26.0% 23.5% 28.5% 22.6% 30+ days PD & accruing (2) - $ $17 $28 $22 $29 $42 - % 2.43% 3.47% 2.57% 2.81% 3.65% Classified (2) -
Slide 100: CRE - Portfolio Positioning
CRE - Portfolio Positioning 100 Segmented Into "Core" and "Noncore" PortfoliosCore Well-seasoned regional or institutional owners, developers, and organizationsMeaningful relationship in place - opportunities for additional cross- sellPrimarily Midwest footprint projects generating adequate return o
Slide 101: CRE - Core vs. Noncore
101 CRE - Core vs. Noncore ($MM) O/S ACL Criticized NAL's Prior Charge-offs (1) ACL Credit Mark (2) 3/31/10 Core Total $3,970 $165 $535 $16 $ -- 4.16% 4.16% Noncore SAD $1,702 413 $1,413 $733 519 24.47% 42.12% Noncore Other 1,784 176 638 78 29 9.87% 11.31% Noncore Total $3,487 $589 $2,051 $811 $548
Slide 102: CRE - Core vs. Noncore Change Analysis
CRE - Core vs. Noncore Change Analysis 1Q10 ($MM) Core Noncore Total CRE December 31, 2009 $4,038 $3,651 $7,689 Originations -- -- -- Net payments / pay-offs / takedowns (68) (67) (135) Charge-offs -- (90) (90) Net reclassifications -- (8) (8) March 31, 2010 $3,970 $3,487 $7,456 Net change $(68) $(1
Slide 103: CRE - Portfolio Composition by Property Type and Location
103 CRE - Portfolio Composition - 6/30/10 By Property Type and Property Location
Slide 104: CRE - Core Characteristics
EOP Outstandings - $4.0 Billion (1)Long-term relationships... many have been customers for 20+ years.Proven CRE participants... 28+ years average CRE experience95% of the loans have personal guaranteesIncome producing loans have weighted average debt service coverage of1.30X... based on 7% rate and
Slide 105: CRE - Noncore Portfolio Composition
105 CRE - Noncore Portfolio Composition - 6/30/10 By Property Type and Property Location
Slide 106: CRE - Noncore Characteristics
EOP Outstandings - $3.2 Billion (1)Noncore-Overall29% aggressive credit markUpdated values to incorporate current market conditionsLimited future funding requirements... ~$150 million95%+ have guarantors99% is secured debt89% is within our geographic footprint46% are "pass" grade or better CRE - Non
Slide 107: CRE - Noncore Segment Characteristics
CRE - Noncore Segment Characteristics Special Assets Division (SAD) ($1.6 billion)43% aggressive credit markActively working to exit... more aggressive terms - e.g., higher pricing, shorter amortization, sale, etc.The majority of "criticized" loans are managed within SADOther ($1.6 billion)11% credi
Slide 108: Total Consumer Loans & Leases
Total Consumer Loans & Leases
Slide 109: Consumer Loans and Leases - 6/30/10
Consumer Loans and Leases - 6/30/10 109 ($B) Amt. Pct. Auto loans $4.7 27% Auto leases 0.1 1 Home equity * 7.5 43 Residential RE 4.4 25 Other consumer 0.7 4 Total consumer $17.4 100% * Home equity lines $5.1 Home equity loans 2.4 (CHART) By Loan Type
Slide 110: Total Consumer Loan Delinquencies
(CHART) Total Consumer Loan Delinquencies (1) (CHART) (1) Period end; delinquent but accruing as a % of related outstandings at EOP 110 90+ Days 30+ Days
Slide 111: Consumer Loan Delinquencies
Consumer Loan Delinquencies (1) (CHART) (1) Period end; delinquent but accruing as a % of related outstandings at EOP(2) Excludes GNMA FAS 140 government guaranteed and Franklin in periods prior to 2Q10 111 (CHART) (2) (2) (2) (2) 90+ Days 30+ Days
Slide 112: Consumer Loan Credit Risk Management
Consumer Loan Credit Risk Management Objective Manage the Probability of DefaultFootprint Portfolio... markets we know and understandClient Selection... bias for high quality customers and relationship lending vs. third-party originationsDisciplined Underwriting... borrower ability to repay, collate
Slide 113: Automobile Loans & Leases
Automobile Loans & Leases
Slide 114: Auto Loans / Leases - Overview
EOP Outstandings - $4.8 Billion (1)Consistency of strategy and commitment to dealersFocus on high service quality and high quality full dealer relationshipsSince 2001 focused on super-prime customers >750 FICOs in 2009Fully automated origination and booking systemCredit Quality Trends Credit quality
Slide 115: Auto Lending - Credit Risk Management Strategies
Auto Lending - Credit Risk Management Strategies Performance DriversBorrower quality - as measured at origination byFICO score - Super Prime with consistent increasing trend FICO score distribution - consistent decline in <670 levels Custom Score - utilized to further segment FICO eligible applicati
Slide 116: Auto Loans - Production and Credit Quality Overview
Auto Loans - Production and Credit Quality Overview Auto Loans - Production and Credit Quality Overview 116 (1) Annualized
Slide 117: Auto Loans
(CHART) Auto Loans 117 (CHART) 0.17% 0.14% 0.31% 0.33% 1.30% 1.20% 2.06% 2.02% ($MM) 30+ DPD L-Q % Change in $ 3% (1) 2Q09 reflects impact of $1.0 B 1Q09 securitization (1) 0.29% 1.98% Net Charge-offs Accruing Delinquency
Slide 118: Auto Loans - Loss Rates
Auto Loans - Loss Rates Early stage delinquency and loss performance of 2009 and 2010 vintages are best performing in the last decadeLosses peak in the 18-24 month range, and as the 2009 vintage make up a greater portion of the portfolio and reach their peak loss months, portfolio losses should decl
Slide 119: Home Equity Loans & Lines
Home Equity Loans & Lines
Slide 120: Home Equity Loans & Lines - Overview
EOP Outstandings - $7.5 Billion (1)Focused on geographies within our Midwest footprintFocused on high quality borrowers... >730 FICOsBegan exit of broker channel in 2005... <10% of outstandings todayConservative underwriting - manage the probability of default70%+ of HELOC borrowers consistently mak
Slide 121: Home Equity - Credit Risk Management Strategies
Home Equity Loans & Lines - Credit Risk Management Strategies Performance DriversBorrower quality - as measured at origination byCustom Score - utilized to further segment FICO eligible applications - continues to enhance predictive modeling FICO score - consistent increasing trend, with very limite
Slide 122: Home Equity - Risk Recognition and Outlook
Home Equity Loans & Lines - Credit Risk Management Strategies 122 Risk Recognition Major focus on loss mitigation in 2008-2009 - rewrites performance < 25% 30+ DPDWrite-down to discounted current value less selling costs at 120 days past dueNon-accrual balances represent the realizable value estimat
Slide 123: Home Equity Loans & Lines - LTV, FICO, Originations
Home Equity Loans & Lines - LTV, FICO, Originations (1) Primarily fixed-rate (2) Weighted average LTVs are cumulative LTVs reflecting the balance of any senior loans(3) Weighted average FICOs reflect currently updated customer credit scores(4) Weighted average at origination(5) Primarily variable-ra
Slide 124: Home Equity Loans & Lines - Originations
Home Equity Loans & Lines - Originations 124 Volume FICO (CHART) ($MM)
Slide 125: Home Equity Loans & Lines
(CHART) Home Equity Loans & Lines 125 (CHART) 0.39% 0.36% 0.46% 0.60% 1.41% 1.28% 1.54% 1.73% ($MM) 30+ DPD L-Q % Change in $ (9)% 0.71% 1.76% Net Charge-offs (1) Accruing Delinquency Reflects more active treatment decisions associated with loss mitigation and short sale actionsExcluding $15.9 MM Fr
Slide 126: Home Equity Loans & Lines - Delinquencies
Home Equity Loans & Lines - Delinquencies (1) 126 $ Delinquent $ Outstanding (CHART) ($MM) ($MM) (1) Includes NPAs; excludes Franklin
Slide 127: Residential Mortgages
Residential Mortgages
Slide 128: Residential Mortgages - Overview
EOP Outstandings - $4.4 Billion (1)Focused on geographies within our Midwest footprintTraditional product mix... very limited nontraditional exposure as we never originated sub-prime, payment option ARMs, or negative amortization loans$577 million of Interest Only loans... targeted within executive
Slide 129: Residential Mortgages - Credit Risk Management Strategies
Residential Mortgages - Credit Risk Management Strategies Performance DriversStandard products and borrower quality - as measured at origination bySecondary market underwritingFICO score - consistent increasing trendFICO score distribution - consistent decline in low score levels Non-standard produc
Slide 130: Residential Mortgages - Risk Recognition
Residential Mortgages - Credit Risk Management Strategies Risk RecognitionWrite down to discounted current value less selling costs at 180 days past dueNonaccrual balances represent the realizable value estimate in future periodsContinued Focus on Borrower's Ability to Pay for New OriginationsAll lo
Slide 131: Residential Mortgages - Account Management and Outlook
Residential Mortgages - Credit Risk Management Strategies Account ManagementProactive contact six months prior to ARM resetsOutlookForeclosure processWe are reviewing all foreclosure situations under the revised loss mitigation strategies to minimize actual foreclosuresForeclosure process is slow in
Slide 132: Residential Mortgages - LTV, FICO, Originations
Residential Mortgages - LTV, FICO, Originations (1) Weighted average FICOs reflect currently updated customer credit scores(2) Only owned-portfolio originationsWeighted average at origination 2Q10 1Q10 4Q09 3Q09 2Q09 Ending balance ($B) $4.4 $4.6 $4.5 $4.5 $4.6 Average LTV 77% 76% 77% 77% 77% Averag
Slide 133: Residential Mortgages
(CHART) Residential Mortgages 133 (CHART) 1.58% 1.08% 2.11% 1.47% 5.81% 5.55% 6.92% 5.84% ($MM) 30+ DPD L-Q % Change in $ (10%) 1.75% 5.40% Net Charge-offs Accruing Delinquency (1) (2) (1) Excluding U.S. Government guaranteed loans1.73%, excluding impact due to implementation of more conservative lo
Slide 134: Residential Mortgages - Delinquencies
Residential Mortgages - Delinquencies 134 (CHART) ($MM) By Original FICO Range
Slide 135: Other Consumer Loans
Other Consumer Loans
Slide 136: Other Consumer Loans
Other Consumer loans EOP Outstandings - $0.7 Billion (1)80% collateralizedAutos, untitled vehicles, small boats, mobile homes and other miscellaneousPrimarily for existing customersPerformed within expectations over the past year though varies by collateral type 136 (1) 6/30/10
Slide 137: Credit Quality Review
Credit Quality Review
Slide 138: Credit Quality Trends Overview
Credit Quality Trends Overview Credit Quality Trends Overview (1) NALs divided by total loans and leases(2) NPAs divided by the sum of loans and leases, impaired loans held for sale, net other real estate and other NPAs(3) Criticized assets = commercial criticized loans+consumer loans >60 DPD+OREO;
Slide 139: Net Charge-offs
(CHART) (CHART) Net Charge-offs 139 ($MM) ($MM) (1) $32.0 MM from change in loss recognition policy$59.2 MM / 1.39% excluding $80.0 MM Franklin-related Consumer Loans Commercial Loans (2)
Slide 140: Net Charge-offs by Loan Type
Net Charge-offs ($MM) 2Q10 1Q10 4Q09 3Q09 2Q09 Commercial and industrial $58.1 $75.4 $109.8 $68.8 $98.3 Commercial real estate 81.7 85.3 258.1 169.2 172.6 Total commercial 139.9 160.7 367.9 238.1 270.9 Auto loans 5.2 7.7 11.4 9.0 12.4 Auto leases 0.2 0.9 1.6 1.8 2.2 Home equity loans / lines 44.5 37
Slide 141: Net Charge-off Ratios
Net Charge-off Ratios (1) 2Q10 1Q10 4Q09 3Q09 2Q09 Commercial and industrial 1.90% 2.45% 3.49% 2.13% 2.91% Commercial real estate 4.44 4.44 12.21 7.62 7.51 Total commercial 2.85 3.22 7.00 4.37 4.77 Auto loans 0.47 0.76 1.49 1.25 1.73 Auto leases 0.54 1.58 2.25 2.04 2.11 Home equity loans / lines 2.3
Slide 142: Nonaccrual Loans & Nonperforming Assets
(CHART) Nonaccrual Loans & Nonperforming Assets 142 ($MM) (CHART) ($MM) (28)% +21% +20% (45)% (17)% +13% +17% (12)% (7)% (52)% NAL Inflows NALs & NPAs - EOP
Slide 143: Nonperforming Asset Flow Analysis
($MM) 2Q10 1Q10 4Q09 3Q09 2Q09 NPA beginning of period $1,918.4 $2,058.1 $2,344.0 $2,002.6 $1,775.7 Additions / increases 171.6 237.9 494.6 899.9 750.3 Franklin - net impact (86.7) 15.0 (31.0) (18.8) (57.4) Return to accruing status (78.7) (80.8) (85.9) (52.5) (40.9) Loan and lease losses (173.2) (1
Slide 144: Nonaccrual Loans (NALs) and Nonperforming Assets (NPAs)
Nonaccrual Loans (NALs) and Nonperforming Assets (NPAs) 144
Slide 145: Nonaccrual Loans (NAL) - by Sector
Nonaccrual Loans (NAL) - by Sector (CHART) 145 6/30/10 6/30/10 3/31/10 3/31/10 $(MM) Amt. No. Amt. No. Commercial > $5 $339.9 39 $420.5 46 $2 - <$5 228.7 81 340.7 113 <$2 524.1 577.2 Subtotal 1,092.7 1,338.4 Residential Real Estate & Home Equity Franklin -- 329.0 Other 108.7 98.7 Subtotal 108.7 427.
Slide 146: Accruing Restructured Loans
Accruing Restructured Loans 146
Slide 147: Allowances for Credit Losses (ACL)
Allowances for Credit Losses (ACL) (1) ($MM) 2Q10 2Q10 1Q10 4Q09 3Q09 2Q09 Allowance for loan Allowance for loan and lease losses (ALLL) $1,402.2 $1,478.0 $1,482.5 $1,032.0 $917.7 Allowance for unfunded loan Allowance for unfunded loan commitments and LOCs (AULC) 39.7 49.9 48.9 50.1 47.1 Total allow
Slide 148: Non-Franklin Credit Metrics Reconciliations
Non-Franklin Credit Metrics Reconciliations
Slide 149: Non-Franklin Credit Metrics Reconciliation
Non-Franklin Credit Metrics Reconciliation 149
Slide 150: Non-Franklin Credit Metrics Reconciliation
Non-Franklin Credit Metrics Reconciliation 150
Slide 151: Non-Franklin Credit Metrics Reconciliation
Non-Franklin Credit Metrics Reconciliation 151
Slide 152: Quarterly Net Charge-off Reconciliation
Quarterly Net Charge-off Reconciliation (1) (1) Annualized 152
Slide 153: Quarterly Net Charge-off Reconciliation
Quarterly Net Charge-off Reconciliation (1) (1) Annualized 153
Slide 154: Quarterly Net Charge-off Reconciliation
Quarterly Net Charge-off Reconciliation (1) (1) Annualized 154
Slide 155: Nonaccrual Loans, NPAs & Accruing Restructured Loans
155 Nonaccrual Loans (NALs), Nonperforming Assets (NPA) & Accruing Restructured Loans (ARLs)
Slide 156: Nonaccrual Loans, NPAs & Accruing Restructured Loans
156 Nonaccrual Loans (NALs), Nonperforming Assets (NPA) & Accruing Restructured Loans (ARLs)
Slide 157: Nonaccrual Loans, NPAs & Accruing Restructured Loans
157 Nonaccrual Loans (NALs), Nonperforming Assets (NPA) & Accruing Restructured Loans (ARLs)
Slide 158: Deposits & Other Funding
Deposits & Other Funding
Slide 159: Total Deposits - By Business Segment
Total Deposits - By Business Segment 159 Avg. Balances - $40.4 Billion Avg. Balances - $40.4 Billion 2Q10
Slide 160: Deposit Trends Linked Quarter
Deposit Trends 160 Linked Quarter
Slide 161: Deposit Trends Prior-Year Quarter
Deposit Trends 161 Prior-Year Quarter
Slide 162: Other Funding
(CHART) Other Funding 162 End of Period Balances ($B) $14.6 $13.2 $11.5 $10.7 13% 14% 22% 16% 16% 21% 15% 23% 9% 8% 7% 18% 35% 39% 41% 37% 18% 17% 17% 16% $8.8 14% 27% 2% 35% 22% $8.9 14% 31% 2% 30% 23% $9.0 13% 29% 7% 28% 24%
Slide 163: Capital
Capital
Slide 164: Capital Ratios
(CHART) Capital Ratios (1) (1) End-of-period 164
Slide 165: Shareholders' Equity and Key Equity Ratios
(CHART) Shareholders' Equity - Avg. (CHART) Capital 165 Key Equity Ratios - EOP ($B)
Slide 166: Credit Ratings
Credit Ratings Senior Subordinated Comm'l. Paper / Notes Notes Short-Term OutlookHuntington BancsharesMoody's 4/7/09 Baa2 Baa3 WR NegativeS&P 7/1/10 BB+ BB WR PositiveFitch 9/14/09 BBB BBB- F2 NegativeThe Huntington National BankMoody's 4/7/09 Baa1 Baa2 P-2 NegativeS&P 7/1/10 BBB- BB+ WR PositiveFit
Slide 167: Franchise
Franchise
Slide 168: Huntington Bancshares Overview
Midwest financial services holding companyFounded - 1866Headquarters - Columbus, OhioTotal assets - $52 billion Employees (1) - 11,117Franchise: Footprint 6 states: OH, MI, PA, IN, WV, KY 608 branches / 1,357 ATMs Retail and Business Banking 5 Areas - Mortgage banking + MD, NJ Commercial Banking 11
Slide 169: The Huntington Franchise - 6/30/10
The Huntington Franchise - 6/30/10 Branches 119ATMs 239Detroit 3%Grand Rapids 10% Branches 341ATMs 742Akron 8%Canton 25%Cincinnati 4%Cleveland 5%Columbus 28%Dayton 6%Toledo 21% Youngstown 20% Branches 50ATMs 80Indianapolis 6% Branches 13ATMs 30 Branches 28ATMs 132Charleston 11% Excludes 9 PFG office
Slide 170: A Strong Regional Presence
A Strong Regional Presence Source: SNL Financial, company presentations and filings FDIC deposit data as of June 30, 2009 Deposits - Top 12 MSAs MSA Rank BBs Deposits ShareColumbus, OH 1 68 $10,231 27.6%Cleveland, OH 5 60 3,613 5.5Detroit, MI 8 45 2,874 3.1Toledo, OH 2 42 2,186 20.6Pittsburgh, PA 6
Slide 171: Organization
Organization
Slide 172: Leadership Team
Leadership Team Leadership Team 172 Business Segments
Slide 173: Senior Leadership Team
Senior Leadership Team Experience-Yrs Position Appointed Banking HBANStephen Steinour Chairman, President and CEO 1Q09 29 1Dan Benhase SEVP-Private Financial Group Director 2Q06 28 10Kevin Blakely SEVP-Chief Risk Officer 3Q09 35 <1Jim Dunlap SEVP-Regional & Commercial Banking Director 1Q06 31 31Don
Slide 174: Positioning to Grow Revenues - 2009
Positioning to Grow Revenues - 2009 Positioning to Grow Revenues - 2009 174
Slide 175: Positioning to Grow Revenues - 1Q10
Positioning to Grow Revenues - 1Q10 Positioning to Grow Revenues - 1Q10 175
Slide 176: Positioning to Grow Revenues - 2Q10
Positioning to Grow Revenues - 2Q10 176 Timing Segment Description # Staff 2Q10 Retail Banking Launched Huntington rebranding and office refurbishment 2Q10 Commercial Banking Director of Commercial Banking - Central Ohio hired 1 2Q10 PFG Opened new office - Wheeling, WV 3 2Q10 PFG Unified Fund Servi
Slide 177: Business Segment Summary
Business Segment Summary
Slide 178: Banking Business Segments
Banking Business Segments 178 Commercial BankingExecutive - Jim Dunlap11 Region PresidentsDirect reporting responsibility for:Commercial bankingTreasury management salesRegional marketing / community affairsIncreased responsibility around:New business rainmakerPortfolio and risk managementCommunity
Slide 179: Commercial Banking Regions
11 Commercial Banking Regions GreaterAkron/Canton Mahoning Valley Central Ohio NW Ohio S. Ohio/KY GreaterCleveland Central Indiana West Michigan East Michigan West Virginia Pittsburgh Jim Dunlap 179
Slide 180: Regional Banking Presidents
Regional Banking Presidents 180 Experience - Yrs Region Appointed Banking HBAN Jim Dunlap* West Michigan 1Q06 31 31 Jim Dunlap (interim) East Michigan Mike Newbold Central Indiana 4Q06 33 6 Sharon Speyer Northwest Ohio 1Q01 21 17 Daniel Walsh, Jr. Greater Cleveland 2Q10 14 < 1 Frank Hierro Mahoning
Slide 181: Retail and Business Banking Areas
5 Retail and Business Banking Areas Central Northwest West Northeast East Mary Navarro 181
Slide 182: Retail and Business Banking Executives
Retail and Business Banking Executives 182 Experience - Yrs Area Appointed Banking HBAN Loretta Stanton Northeast Area 2Q10 20 20 Deborah Stein Central Area 2Q09 26 6 Robert Soroka East Area 2Q09 25 7 Brian Bromley Northwest Area 2Q09 25 23 Jonathan Greenwood West Area 2Q09 24 16 Jeff Rosen Business
Slide 183: Other Business Segments
Other Business Segments 183 Private Financial GroupExecutive - Dan BenhaseTrust - $53.2 B in assetsAsset managementBrokerageInsuranceNational settlementsPrivate banking Corporate / institutionalInvestment bankingSecurities sales/tradingInterest rate risk managementForeign exchangeCorporate trust / r
Slide 184: Business Segment Loans & Deposits - 6/30/10
Business Segment Loans & Deposits - 6/30/10 184 Total Deposits - $39.8 B Total Loans - $37.0 B (CHART) (CHART) Commercial Real Estate $6.9 B 19% Retail & Business Banking$14.5 B 39% Treasury / Other - - - B <1% CommercialBanking$7.4 B 20% Auto Finance &Dealer Services $6.1 B 16% PrivateFinancial Gro
Slide 185: Business Segment Contribution
185 Business Segment Contribution
Slide 186: Safe Harbor Disclosures
Safe Harbor Disclosures
Slide 187: Basis of Presentation
Basis of Presentation Use of non-GAAP financial measuresThis presentation contains GAAP financial measures and non-GAAP financial measures where management believes it to be helpful in understanding Huntington's results of operations or financial position. Where non-GAAP financial measures are used,
Slide 188: Basis of Presentation - Significant Items
Basis of Presentation Significant ItemsFrom time to time, revenue, expenses, or taxes are impacted by items judged by Management to be outside of ordinary banking activities and/or by items that, while they may be associated with ordinary banking activities, are so unusually large that their outsize
Slide 189: Basis of Presentation - Fully-Taxable Equivalent
Basis of Presentation Fully-taxable equivalent interest income and net interest marginIncome from tax-exempt earning assets is increased by an amount equivalent to the taxes that would have been paid if this income had been taxable at statutory rates. This adjustment puts all earning assets, most no
Slide 190: Forward Looking Statements
Forward Looking Statements This presentation contains certain forward-looking statements, including certain plans, expectations, goals, projections, and statements, which are subject to numerous assumptions, risks, and uncertainties.Actual results could differ materially from those contained or impl
Huntington Bancshares — Q2 2010 Earnings Presentation on 6ix