Huntington National Bank 2004 Annual Report Download - page 62

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MANAGEMENT’S DISCUSSION AND ANALYSIS HUNTINGTON BANCSHARES INCORPORATED
Table 18 — Deposit Composition
At December 31,
(in millions of dollars) 2004 2003 2002 2001 2000
By type:
Demand deposits
Non-interest bearing $ 3,392 16.3% $ 2,987 16.2% $ 3,058 17.5% $ 3,607 17.9% $ 3,402 17.2%
Interest bearing 7,786 37.5 6,411 34.7 5,390 30.8 5,752 28.5 4,695 23.8
Savings deposits 2,977 14.3 2,960 16.0 2,851 16.3 3,466 17.2 3,528 17.9
Retail certificates of deposit 2,467 11.9 2,462 13.3 3,261 18.6 4,970 24.6 5,103 25.8
Other domestic time deposits 526 2.6 631 3.4 695 4.0 896 4.4 933 4.7
Total core deposits 17,148 82.6 15,451 83.6 15,255 87.2 18,691 92.6 17,661 89.4
Domestic time deposits of $100,000 or more 1,082 5.2 789 4.3 732 4.2 1,131 5.6 1,424 7.2
Brokered time deposits and negotiable CDs 2,097 10.1 1,772 9.6 1,093 6.2 140 0.7 256 1.3
Foreign time deposits 441 2.1 475 2.5 419 2.4 225 1.1 408 2.1
Total deposits 20,768 100.0 18,487 100.0 17,499 100.0 20,187 100.0 19,749 100.0
Total core deposits:
Commercial 5,294 30.9 4,255 27.5 3,981 26.1 4,192 22.4 3,808 21.6
Personal 11,854 69.1 11,196 72.5 11,274 73.9 14,499 77.6 13,853 78.4
Total core deposits $17,148 100.0% $15,451 100.0% $15,255 100.0% $18,691 100.0% $17,661 100.0%
By business segment:(1)
Regional banking
Central Ohio $ 4,700 22.6% $ 4,184 22.6%
Northern Ohio 4,069 19.6 3,506 19.0
Southern Ohio / Kentucky 1,746 8.4 1,442 7.8
West Michigan 2,644 12.7 2,457 13.3
East Michigan 2,226 10.7 1,988 10.8
West Virginia 1,375 6.6 1,314 7.1
Indiana 664 3.2 648 3.5
Total regional banking 17,424 83.8 15,539 84.1
Dealer sales 76 0.4 77 0.4
Private financial group 1,173 5.6 1,164 6.3
Treasury/other(2) 2,095 10.2 1,707 9.2
Total deposits $20,768 100.0% $18,487 100.0%
N.M., not a meaningful value.
(1) Prior period amounts have been reclassified to conform to the current period business segment structure.
(2) Comprised largely of brokered deposits and negotiable CDs.
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