Huntington National Bank 2013 Annual Report Download - page 34

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28
Noninterest expense, excluding the net $10 million of benefit from Significant Items we experienced in 2013, is expected to
remain around current levels. We are committed to delivering positive operating leverage for the 2014 full year.
NPAs are expected to show continued improvement. This year, NCOs represented the mid-point of our expected normalized
range of 35 to 55 basis points. The level of provision for credit losses was below our long-term expectation, and we continue to
expect moderate quarterly volatility.
The effective tax rate for 2014 is expected to be in the range of 25% to 28%, primarily reflecting the impacts of tax-exempt
income, tax-advantaged investments, and general business credits.