Huntington National Bank 2003 Annual Report Download - page 90
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MANAGEMENT’S DISCUSSION AND ANALYSIS
Table 24—Treasury/Other(1)
2003 Change From 2002 2002 Change From 2001 2001
Amount % Amount %
PERFORMANCE METRICS
Return on average assets 1.81% (0.95)% 2.76% 0.88% 1.88%
Return on average equity 15.7 4.3 11.4 4.9 6.5
Net interest margin 2.59 (1.59) 4.18 3.30 0.88
Efficiency ratio 44.3 11.1 33.3 (60.7) 94.0
CREDIT QUALITY
Net Charge-offs by Loan Type (in thousands)
C&I $ (122) $(5,598) NM $5,476
CRE — — NM —
Total commercial (122) (5,598) NM 5,476
Total Net Charge-offs $ (122) $(5,598) NM $5,476
Net Charge-offs—annualized percentages
C&I (0.31)% (22.21)% 21.90%
CRE — — —
Total commercial (0.10) (7.31) 7.21
Total Net Charge-offs (0.08)% (4.23)% 4.15%
Non-performing Assets (NPA) (in millions)
C&I $ — $ — NM% $ —
CRE 10 10 NM —
Total Non-accrual Loans 10 10 NM —
Renegotiated loans — — NM —
Total Non-performing Loans (NPL) 10 10 NM —
Other real estate, net (OREO) — — NM —
Total Non-performing Assets $ 10 $ 10 NM% $ —
Accruing loans past due 90 days or more (EOP) $ — $ — NM% $ —
Allowance for Loan and Lease Losses (ALLL) (EOP) $ 77 $ (50) (39.4)% $ 127
ALLL as a % of total loans and leases 39.29% (28.99)% 68.28%
ALLL as a % of NPLs NM NM NM
ALLL + OREO as a % of NPAs NM NM NM
NPLs as a % of total loans and leases 5.10 5.10 —
NPAs as a % of total loans and leases + OREO 5.10 5.10 —
SUPPLEMENTAL DATA
# employees—full-time equivalent (EOP) 1,982 (112) (5.3)% 2,094
(1) Operating basis, see page 69 for definition.
NM, not a meaningful value.
EOP, end of period.
88 HUNTINGTON BANCSHARES INCORPORATED