Huntington National Bank 2012 Annual Report Download - page 115

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107
Huntington Bancshares Incorporated
Consolidated Statements of Changes in Shareholders' Equity
Preferred Stock Accumulated
Series B Series A Other Retained
(all amounts in thousands, Fixed Rate Common Stock Capital Treasury Stock Comprehensive Earnings
except for per share amounts) Shares Amount Shares Amount Shares Amount Surplus Shares Amount Loss (Deficit) Total
Year Ended December 31, 2010
Balance, beginning of year 1,398 $1,325,008 363 $362,507 716,741 $7,167 $6,731,796 (980) $(11,465)$ (156,985) $(2,922,026) $5,336,002
Cumulative effect of change in accounting
principle for consolidation of variable
interest entities, net of tax of $3,097 (4,249) (1,821) (6,070)
Balance, beginning of year, as adjusted 1,398 1,325,008 363 362,507 716,741 7,167 6,731,796 (980) (11,465) (161,234) (2,923,847) 5,329,932
N
et income 312,347 312,347
Other comprehensive income (loss) (36,262) (36,262)
Issuance of common stock 146,568 1,465 884,707 886,172
Repurchase of Preferred Series B stock (1,398) (1,398,071) (1,398,071)
Preferred Series B stock discount
accretion and redemption 73,063 (73,063) ---
Cash dividends declared:
Common ($0.04 per share) (30,139) (30,139)
Preferred Series B ($48.75 per share) (68,156) (68,156)
Preferred Series A ($85.00 per share) (30,813) (30,813)
Recognition of the fair value of
share-based compensation 4 15,449 15,453
Other share-based compensation activity 886 6 482 (535) (47)
Other (2,341) 104 2,694 (227) 126
Balance, end of year --- $ --- 363 $362,507 864,195 $8,642 $7,630,093 (876)$(8,771) $(197,496) $(2,814,433) $4,980,542
See Notes to Consolidated Financial Statements