Huntington National Bank 2004 Annual Report Download - page 39

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MANAGEMENT’S DISCUSSION AND ANALYSIS HUNTINGTON BANCSHARES INCORPORATED
Interest Income/Expense Average Rate(2)
2004 2003 2002 2001 2000 2004 2003 2002 2001 2000
$ 0.7 $ 0.6 $ 0.8 $ 0.2 $ 0.3 1.05% 1.53% 2.38% 3.43% 5.03%
4.4 0.6 0.3 1.3 1.1 4.15 4.02 4.11 5.13 7.11
5.5 1.6 1.1 4.5 5.5 1.73 1.80 1.56 4.19 6.33
13.0 30.0 20.5 25.0 8.7 5.35 5.32 6.35 6.95 7.96
171.7 159.6 173.0 206.9 269.5 3.88 4.52 6.06 6.58 6.24
28.8 23.5 10.1 13.0 20.8 6.98 7.04 7.42 7.49 7.61
200.5 183.1 183.1 219.9 290.3 4.14 4.73 6.12 6.63 6.33
196.5 224.1 262.0 353.4 414.3 4.41 4.95 5.45 6.96 8.39
58.0 52.1 52.6 72.7 87.7 4.09 4.09 4.57 6.99 8.98
85.3 88.0 98.7 113.3 115.4 4.44 4.84 5.91 7.44 8.36
143.3 140.1 151.3 186.0 203.1 4.29 4.54 5.36 7.26 8.62
110.3 105.6 110.6 204.8 230.6 5.50 5.91 6.73 7.96 9.13
450.1 469.8 523.9 744.2 848.0 4.59 5.00 5.65 7.29 8.64
165.1 242.1 237.9 253.8 271.4 7.22 7.38 8.67 N.M N.M
109.6 72.8 23.2 1.2 (0.5) 5.00 5.09 5.14 N.M N.M
274.7 314.9 261.1 255.0 270.9 6.14 6.68 8.17 8.94 8.67
205.4 174.1 180.6 274.5 249.0 4.91 5.14 5.96 8.23 8.52
175.9 111.4 91.4 81.6 107.1 5.48 5.85 6.55 8.19 8.00
28.7 29.5 35.6 54.9 60.7 6.38 6.71 7.40 8.40 10.14
684.7 629.9 568.7 666.0 687.7 5.56 5.93 6.98 8.44 8.57
1,134.8 1,099.7 1,092.6 1,410.2 1,535.7 5.11 5.49 6.27 7.79 8.61
1,358.9 1,315.6 1,298.4 1,661.1 1,841.6 4.89 5.35 6.23 7.58 8.13
————— —————
74.1 73.0 88.9 133.5 143.1 1.03 1.18 1.71 2.64 3.30
24.4 41.7 50.6 106.7 145.7 0.86 1.49 1.77 3.07 4.09
81.2 100.4 165.6 281.5 282.2 3.36 3.68 4.58 5.65 5.72
19.7 26.0 29.6 48.2 52.0 3.27 3.86 4.05 5.34 5.52
199.4 241.1 334.7 569.9 623.0 1.53 1.94 2.70 3.95 4.52
20.5 18.5 28.8 66.8 90.4 2.37 2.50 3.39 5.22 6.01
33.1 24.1 17.3 6.6 31.9 1.80 1.70 2.36 5.12 6.35
4.1 4.6 4.9 10.8 34.0 0.82 0.92 1.47 3.82 6.31
257.1 288.3 385.7 654.1 779.3 1.58 1.91 2.69 4.06 4.77
13.0 15.7 29.0 95.8 113.1 0.93 0.98 1.56 4.57 5.75
33.3 24.4 5.6 1.2 0.8 2.57 1.94 2.00 6.17 6.32
132.5 128.5 123.3 188.4 270.0 2.46 2.82 3.70 5.52 6.74
435.9 456.9 543.6 939.5 1,163.2 1.79 2.03 2.75 4.34 5.22
$ 923.0 $ 858.7 $ 754.8 $ 721.6 $ 678.4
3.10 3.32 3.48 3.24 2.91
0.23 0.17 0.14 0.05 0.09
3.33% 3.49% 3.62% 3.29% 3.00%
(4) Residential mortgage includes loans secured by first mortgages on residential property originated and underwritten through the Company’s mortgage banking channel. Reclassification of prior period
balances has been made to conform to this presentation, resulting in an increase to previously reported home equity loans and a decrease to previously reported residential mortgage loans.
(5) Effective December 31, 2004, unsecured personal credit lines were reclassified from ‘‘home equity loans’’ to ‘‘other loans’’ in all periods presented.
(6) For purposes of this analysis, non-accrual loans are reflected in the average balances of loans.
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