Huntington National Bank 2015 Annual Report Download - page 196
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188
Statements of Income Year Ended December 31,
(dollar amounts in thousands) 2015 2014 2013
Income
Dividends from
The Huntington National Bank $ 822,000 $ 244,000 $ —
Non-bank subsidiaries 38,883 27,773 55,473
Interest from
The Huntington National Bank 5,954 3,906 6,598
Non-bank subsidiaries 2,317 2,613 3,129
Other 4,529 2,994 2,148
Total income 873,683 281,286 67,348
Expense
Personnel costs 4,770 53,359 52,846
Interest on borrowings 17,428 17,031 20,739
Other 92,735 52,662 36,728
Total expense 114,933 123,052 110,313
Income (loss) before income taxes and equity in undistributed net income
of subsidiaries 758,750 158,234 (42,965)
Provision (benefit) for income taxes (109,867)(62,897) (22,298)
Income (loss) before equity in undistributed net income of subsidiaries 868,617 221,131 (20,667)
Increase (decrease) in undistributed net income (loss) of:
The Huntington National Bank (160,567) 414,049 692,392
Non-bank subsidiaries (15,093)(2,788) (30,443)
Net income $ 692,957 $ 632,392 $ 641,282
Other comprehensive income (loss) (1) (3,866)(8,283) (63,192)
Comprehensive income $ 689,091 $ 624,109 $ 578,090
(1) See Consolidated Statements of Comprehensive Income for other comprehensive income (loss) detail.