Huntington National Bank 2007 Annual Report Download - page 20

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Unizan
Unizan’s actual full year 2005 results were used for pro-rating the impact on post-merger periods. For example, to estimate the
2006 first quarter impact of the merger on personnel costs, one-twelfth of Unizans full-year 2005 personnel costs was used. Full
quarter and year-to-date estimated impacts for subsequent periods were developed using this same pro-rata methodology. This
results in an approximate impact since the methodology does not adjust for any unusual items or seasonal factors in Unizan’s 2005
reported results, or synergies realized since the merger date. The one exception to this methodology relates to the amortization of
intangibles expense where the amount is known and is therefore used.
Certain tables and comments contained within our discussion and analysis provide detail of changes to reported results to quantify
the estimated impact of the Sky Financial merger using this methodology.
18
MANAGEMENT’S DISCUSSION AND ANALYSIS HUNTINGTON BANCSHARES INCORPORATED