Huntington National Bank 2008 Annual Report Download - page 129

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Listed below is certain operating basis financial information reconciled to Huntington’s 2008, 2007, and 2006 reported results by
line of business:
INCOME STATEMENTS (in thousands)
Regional
Banking AFDS PFCMIG
Treasury/
Other
Huntington
Consolidated
2008
Net interest income $1,413,287 $ 142,966 $ 103,186 $(127,748) $ 1,531,691
Provision for credit losses (523,488) (75,155) (20,820) (438,000) (1,057,463)
Non-interest income 504,991 59,870 254,372 (112,095) 707,138
Non-interest expense (968,820) (127,897) (246,446) (134,211) (1,477,374)
Income taxes (149,089) 76 (31,603) 362,818 182,202
Net (loss) income as reported $ 276,881 $ (140) $ 58,689 $(449,236) $ (113,806)
2007
Net interest income $ 1,071,975 $ 133,947 $ 83,208 $ 12,382 $ 1,301,512
Provision for credit losses (177,588) (30,603) (11,672) (423,765) (643,628)
Non-interest income 453,881 41,745 201,170 (20,195) 676,601
Non-interest expense (872,607) (80,924) (203,806) (154,505) (1,311,842)
Income taxes (166,481) (22,457) (24,116) 265,580 52,526
Net income as reported $ 309,180 $ 41,708 $ 44,784 $ (320,503) $ 75,169
2006
Net interest income $ 877,114 $ 134,998 $ 73,701 $ (66,636) $ 1,019,177
Provision for credit losses (45,316) (14,209) (5,666) — (65,191)
Non-interest income 340,553 83,602 169,448 (32,534) 561,069
Non-interest expense (692,968) (112,358) (142,252) (53,416) (1,000,994)
Income taxes (167,784) (32,211) (33,330) 180,485 (52,840)
Net income as reported $ 311,599 $ 59,822 $ 61,901 $ 27,899 $ 461,221
BALANCE SHEETS (in millions) 2008 2007 2008 2007
Assets
At December 31,
Deposits
At December 31,
Regional Banking $34,435 $34,670 $32,874 $32,625
AFDS 6,395 5,891 67 60
PFCMIG 3,413 3,003 1,785 1,639
Treasury/Other 10,110 11,133 3,217 3,419
Total $54,353 $54,697 $37,943 $37,743
127
Notes to Consolidated Financial Statements Huntington Bancshares Incorporated