Huntington National Bank 2011 Annual Report Download - page 122

Table 52 — Selected Quarterly Income Statement, Capital, and Other Data—Continued(1)
2010
Capital adequacy December 31, September 30, June 30, March 31,
Total risk-weighted assets (in millions) .................. $43,471 $42,759 $42,486 $42,418
Tier 1 leverage ratio ................................. 9.41% 10.54% 10.45% 10.05%
Tier 1 risk-based capital ratio .......................... 11.55 12.82 12.51 12.00
Total risk-based capital ratio ........................... 14.46 15.08 14.79 14.31
Tier 1 common risk-based capital ratio .................. 9.29 7.39 7.06 6.53
Tangible common equity / tangible asset ratio(8) ........... 7.56 6.20 6.12 5.96
Tangible equity / tangible asset ratio(9) ................... 8.24 9.43 9.43 9.26
Tangible common equity / risk-weighted assets ratio ........ 9.26 7.63 7.37 7.20
(1) Comparisons for presented periods are impacted by a number of factors. Refer to the Significant Items
section for additional discussion regarding these items.
(2) For all quarterly periods presented above, the impact of the convertible preferred stock issued in April of
2008 was excluded from the diluted share calculation because the result would have been higher than basic
earnings per common share (anti-dilutive) for the periods.
(3) Deferred tax liability related to other intangible assets is calculated assuming a 35% tax rate.
(4) High and low stock prices are intra-day quotes obtained from NASDAQ.
(5) Net income excluding expense for amortization of intangibles for the period divided by average tangible
shareholders’ equity. Average tangible shareholders’ equity equals average total stockholders’ equity less
average intangible assets and goodwill. Expense for amortization of intangibles and average intangible
assets are net of deferred tax liability, and calculated assuming a 35% tax rate.
(6) Noninterest expense less amortization of intangibles divided by the sum of FTE net interest income and
noninterest income excluding securities (losses) gains.
(7) Presented on a FTE basis assuming a 35% tax rate.
(8) Tangible common equity (total common equity less goodwill and other intangible assets) divided by
tangible assets (total assets less goodwill and other intangible assets). Other intangible assets are net of
deferred tax, and calculated assuming a 35% tax rate.
(9) Tangible equity (total equity less goodwill and other intangible assets) divided by tangible assets (total
assets less goodwill and other intangible assets). Other intangible assets are net of deferred tax, and
calculated assuming a 35% tax rate.
ADDITIONAL DISCLOSURES
Forward-Looking Statements
This report, including MD&A, contains certain forward-looking statements, including certain plans,
expectations, goals, projections, and statements, which are subject to numerous assumptions, risks, and
uncertainties. Statements that do not describe historical or current facts, including statements about beliefs and
expectations, are forward-looking statements. The forward-looking statements are intended to be subject to the
safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act
of 1934, and the Private Securities Litigation Reform Act of 1995.
While there is no assurance that any list of risks and uncertainties or risk factors is complete, below are
certain factors which could cause actual results to differ materially from those contained or implied in the
forward-looking statements: (1) worsening of credit quality performance due to a number of factors such as the
underlying value of the collateral could prove less valuable than otherwise assumed and assumed cash flows may
be worse than expected; (2) changes in economic conditions; (3) movements in interest rates; (4) competitive
pressures on product pricing and services; (5) success, impact, and timing of our business strategies, including
108