Huntington National Bank 2011 Annual Report Download - page 37

(1) Comparisons for presented periods are impacted by a number of factors. Refer to the Significant Items for
additional discussion regarding these key factors.
(2) Includes FHLB advances, subordinated notes, and other long-term debt.
(3) On an FTE basis assuming a 35% tax rate.
(4) Net income (loss) less expense excluding amortization of intangibles for the period divided by average
tangible shareholders’ equity. Average tangible shareholders’ equity equals average total shareholders’
equity less average intangible assets and goodwill. Expense for amortization of intangibles and average
intangible assets are net of deferred tax liability, and calculated assuming a 35% tax rate.
(5) Noninterest expense less amortization of intangibles divided by the sum of FTE net interest income and
noninterest income excluding securities gains.
(6) Tangible common equity (total common equity less goodwill and other intangible assets) divided by
tangible assets (total assets less goodwill and other intangible assets). Other intangible assets are net of
deferred tax, and calculated assuming a 35% tax rate.
(7) Tangible equity (total equity less goodwill and other intangible assets) divided by tangible assets (total
assets less goodwill and other intangible assets). Other intangible assets are net of deferred tax, and
calculated assuming a 35% tax rate.
(8) Tangible equity, tangible common equity, and tangible assets are non-GAAP financial measures.
Additionally, any ratios utilizing these financial measures are also non-GAAP. These financial measures
have been included as they are considered to be critical metrics with which to analyze and evaluate financial
condition and capital strength. Other companies may calculate these financial measures differently.
(9) Comparisons are affected by the Sky Financial acquisition in 2007.
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