Huntington National Bank 2005 Annual Report Download - page 7

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5
ACQUISITION
On January 26, 2006, we received regulatory approval to acquire Unizan Financial Corp., headquartered in Canton,
Ohio. On March 1, 2006, we completed the acquisition of this $2.4 billion bank. The acquisition gives us the #1 and
#2 deposit market share positions in Muskingum, Stark, and Licking counties and increases our market share in the
Dayton and Columbus areas. It also resulted in the creation of a new Eastern Ohio Region, our eighth. We are pleased
to have the Unizan associates on the Huntington team, and we are very excited about the opportunity to serve our
new customers with expanded capabilities, while preserving our hallmark of local decision-making. We also look
forward to our working in, and with, these communities.
MOVING FORWARD
We enter 2006 from a position of strength. In each region and line of business, we have a strong team. We are a
more formidable competitor. Our “local bank with national resources” business model and “Simply the Best” value
proposition are the right ones, and they are working. We know that we have more to do to ensure that we consistently
deliver above average earnings growth. And we are up to the challenge!
Thanks for your continued support and encouragement.
Thomas E. Hoaglin
Chairman, President and CEO
March 9, 2006