EX-99.2

Exhibit 99.2

HUNTINGTON BANCSHARES INCORPORATED
Quarterly Financial Review
September 2007

Table of Contents


Consolidated Balance Sheets			1
Loans and Leases Composition			2
Deposit Composition			3
Consolidated Quarterly Average Balance Sheets			4
Consolidated Quarterly Net Interest Margin Analysis			5
Quarterly Average Loans and Leases and Deposit Composition By Business Segment			6
Selected Quarterly Income Statement Data			7
Quarterly Mortgage Banking Income			8
Quarterly Credit Reserves Analysis			9
Quarterly Net Charge-Off Analysis			10
Quarterly Non-Performing Loans (NPLs), Non-Performing Assets (NPAs) and Past Due Loans and Leases			11
Quarterly Stock Summary, Capital, and Other Data			12
Consolidated Year To Date Average Balance Sheets			13
Consolidated Year To Date Net Interest Margin Analysis			14
Selected Year to Date Income Statement Data			15
Year To Date Mortgage Banking Income			16
Year To Date Credit Reserves Analysis			17
Year To Date Net Charge-Off Analysis			18
Year To Date Non-Performing Loans (NPLs), Non-Performing Assets (NPAs) and Past Due Loans and Leases			19

Note:

The preparation of financial statement data in conformity with accounting principals generally accepted in the United States requires management to make estimates and assumptions that affect amounts reported. Actual results could differ from those estimates. Certain prior period amounts have been reclassified to conform to the current period’s presentation.

This document reflects the post-Sky merger organization structure effective July 1, 2007. Accordingly, the balances presented include the impact of the acquisition from that date.

Contents

Huntington Bancshares Incorporated
Consolidated Balance Sheets


										Change
	2007			2006						September ’07 vs ’06
(in thousands, except number of shares)	September 30,			December 31,			September 30,			Amount			Percent
	(Unaudited)						(Unaudited)
Assets
Cash and due from banks	$	1,201,981		$	1,080,163		$	848,088		$	353,893			41.7	%
Federal funds sold and securities purchased under resale agreements		431,244			440,584			370,418			60,826			16.4
Interest bearing deposits in banks		288,841			74,168			59,333			229,508			N.M.
Trading account securities		1,034,240			36,056			122,621			911,619			N.M.
Loans held for sale		479,853			270,422			276,304			203,549			73.7
Investment securities		4,288,974			4,362,924			4,643,901			(354,927	)		(7.6	)
Loans and leases ⁽¹⁾		39,987,240			26,153,425			26,361,502			13,625,738			51.7
Allowance for loan and lease losses		(454,784	)		(272,068	)		(280,152	)		(174,632	)		62.3

Net loans and leases		39,532,456			25,881,357			26,081,350			13,451,106			51.6

Bank owned life insurance		1,302,363			1,089,028			1,083,033			219,330			20.3
Premises and equipment		547,380			372,772			367,709			179,671			48.9
Goodwill		2,995,961			570,876			571,521			2,424,440			N.M.
Other intangible assets		443,446			59,487			61,239			382,207			N.M.
Accrued income and other assets		2,757,187			1,091,182			1,176,431			1,580,756			N.M.

Total Assets	$	55,303,927		$	35,329,019		$	35,661,948		$	19,641,979			55.1	%


Liabilities and Shareholders’ Equity
Liabilities
Deposits ⁽²⁾	$	38,404,365		$	25,047,770		$	24,738,395		$	13,665,970			55.2	%
Short-term borrowings		2,227,116			1,676,189			1,532,504			694,612			45.3
Federal Home Loan Bank advances		2,716,265			996,821			1,221,669			1,494,596			N.M.
Other long-term debt		1,974,387			2,229,140			2,592,188			(617,801	)		(23.8	)
Subordinated notes		1,919,625			1,286,657			1,275,883			643,742			50.5
Accrued expenses and other liabilities		1,812,495			1,078,116			1,171,563			640,932			54.7

Total Liabilities		49,054,253			32,314,693			32,532,202			16,522,051			50.8


Shareholders’ equity
Preferred stock — authorized 6,617,808 shares; none outstanding		—			—			—			—			—
Common stock —
No par value and authorized 500,000,000 shares; issued 257,866,255 shares; outstanding 235,474,366 and 237,921,076 shares, respectively		—			2,560,569			2,556,168			(2,556,168	)		—
Par value of $0.01 and authorized 1,000,000,000 shares at September 30, 2007; issued 387,504,687 shares; outstanding 365,898,439 shares		3,875			—			—			3,875			—
Capital surplus		5,700,961			—			—			5,700,961			—
Less 21,606,248; 22,391,889 and 19,945,179 treasury shares at cost, respectively		(489,062	)		(506,946	)		(445,359	)		(43,703	)		9.8
Accumulated other comprehensive loss		(74,101	)		(55,066	)		32,076			(106,177	)		N.M.
Retained earnings		1,108,001			1,015,769			986,861			121,140			12.3

Total Shareholders’ Equity		6,249,674			3,014,326			3,129,746			3,119,928			99.7

Total Liabilities and Shareholders’ Equity	$	55,303,927		$	35,329,019		$	35,661,948		$	19,641,979			55.1	%


N.M., not a meaningful value.

⁽¹⁾		See page 2 for detail of loans and leases.

⁽²⁾		See page 3 for detail of deposits.

Huntington Bancshares Incorporated
Loans and Leases Composition


													Change
	2007				2006								September ’07 vs ’06
(in thousands)	September 30,				December 31,				September 30,				Amount			Percent
	*(Unaudited)*								(Unaudited)
By Type
Commercial:
Middle market commercial and industrial	$	10,200,357	25.5	%	$	5,961,445	22.8	%	$	5,811,130	22.0	%	$	4,389,227			75.5	%
Middle market commercial real estate:
Construction		1,856,792	4.6			1,228,641	4.7			1,169,276	4.4			687,516			58.8
Commercial		5,686,297	14.2			2,722,599	10.4			2,808,684	10.7			2,877,613			N.M.

Middle market commercial real estate		7,543,089	18.8			3,951,240	15.1			3,977,960	15.1			3,565,129			89.6
Small business		4,355,252	10.8			2,441,837	9.3			2,418,709	9.2			1,936,543			80.1

Total commercial		22,098,698	55.1			12,354,522	47.2			12,207,799	46.3			9,890,899			81.0

Consumer:
Automobile loans		2,959,913	7.4			2,125,821	8.1			2,105,623	8.0			854,290			40.6
Automobile leases		1,365,805	3.4			1,769,424	6.8			1,910,257	7.2			(544,452	)		(28.5	)
Home equity		7,317,804	18.3			4,926,900	18.8			5,019,101	19.0			2,298,703			45.8
Residential mortgage		5,505,340	13.8			4,548,849	17.4			4,678,577	17.7			826,763			17.7
Other loans		739,680	2.0			427,909	1.7			440,145	1.8			299,535			68.1

Total consumer		17,888,542	44.9			13,798,903	52.8			14,153,703	53.7			3,734,839			26.4

Total loans and leases	$	39,987,240	100.0		$	26,153,425	100.0		$	26,361,502	100.0		$	13,625,738			51.7


By Business Segment
Regional Banking:
Central Ohio	$	4,993,373	12.5	%	$	3,597,172	13.8	%	$	3,685,704	14.0	%	$	1,307,669			35.5	%
Northwest Ohio		2,580,787	6.5			461,622	1.8			465,413	1.8			2,115,374			N.M.
Greater Cleveland		3,057,757	7.6			1,920,421	7.3			1,953,851	7.4			1,103,906			56.5
Greater Akron/Canton		2,078,588	5.2			1,326,374	5.1			1,357,028	5.1			721,560			53.2
Southern Ohio/Kentucky		2,547,800	6.4			2,190,115	8.4			2,181,340	8.3			366,460			16.8
Mahoning Valley		939,739	2.4			—	—			—	—			939,739			—
Ohio Valley		869,139	2.2			—	—			—	—			869,139			—
West Michigan		2,520,325	6.3			2,421,085	9.3			2,443,461	9.3			76,864			3.1
East Michigan		1,674,896	4.2			1,630,050	6.2			1,602,647	6.1			72,249			4.5
Western Pennsylvania		1,106,068	2.8			—	—			—	—			1,106,068			—
Pittsburgh		888,848	2.2			—	—			—	—			888,848			—
Central Indiana		1,419,693	3.6			962,575	3.7			957,612	3.6			462,081			48.3
West Virginia		1,125,628	2.8			1,123,817	4.3			1,102,407	4.2			23,221			2.1
Mortgage and other groups		6,256,033	15.7			3,767,093	14.3			3,837,728	14.5			2,418,305			63.0

Regional Banking		32,058,674	80.2			19,400,324	74.2			19,587,191	74.3			12,471,483			63.7
Dealer Sales		5,449,580	13.6			4,908,764	18.8			4,956,635	18.8			492,945			9.9
Private Financial and Capital Markets Group		2,478,986	6.2			1,844,337	7.0			1,817,676	6.9			661,310			36.4
Treasury / Other		—	—			—	—			—	—			—			—

Total loans and leases	$	39,987,240	100.0	%	$	26,153,425	100.0	%	$	26,361,502	100.0	%	$	13,625,738			51.7	%


N.M., not a meaningful value.

Huntington Bancshares Incorporated
Deposit Composition


													Change
	2007				2006								September ’07 vs ’06
(in thousands)	September 30,				December 31,				September 30,				Amount		Percent
	*(Unaudited)*								(Unaudited)
By Type
Demand deposits — non-interest bearing	$	4,984,663	13.0	%	$	3,615,745	14.4	%	$	3,480,888	14.1	%	$	1,503,775		43.2	%
Demand deposits — interest bearing		3,982,102	10.4			2,389,085	9.5			2,243,153	9.1			1,738,949		77.5
Money market deposits		6,721,963	17.5			5,362,459	21.4			5,678,252	23.0			1,043,711		18.4
Savings and other domestic deposits		4,877,476	12.7			2,986,287	11.9			3,011,268	12.2			1,866,208		62.0
Core certificates of deposit		10,611,821	27.6			5,364,610	21.4			5,313,473	21.5			5,298,348		99.7

Total core deposits		31,178,025	81.2			19,718,186	78.6			19,727,034	79.9			11,450,991		58.0
Other domestic deposits of $100,000 or more		1,914,417	5.0			1,191,984	4.8			1,259,720	5.1			654,697		52.0
Brokered deposits and negotiable CDs		3,701,726	9.6			3,345,943	13.4			3,183,489	12.9			518,237		16.3
Deposits in foreign offices		1,610,197	4.2			791,657	3.2			568,152	2.1			1,042,045		N.M.

Total deposits	$	38,404,365	100.0	%	$	25,047,770	100.0	%	$	24,738,395	100.0	%	$	13,665,970		55.2	%

Total core deposits:
Commercial	$	9,017,474	28.3	%	$	6,063,372	30.8	%	$	6,214,462	31.5	%	$	2,614,541		42.1	%
Personal		22,160,551	71.7			13,654,814	69.2			13,512,572	68.5			8,836,450		65.4

Total core deposits	$	31,178,025	100.0	%	$	19,718,186	100.0	%	$	19,727,034	100.0	%	$	11,450,991		58.0	%


By Business Segment
Regional Banking:
Central Ohio	$	5,931,926	15.4	%	$	5,122,091	20.4	%	$	5,040,855	20.4	%	$	891,071		17.7	%
Northwest Ohio		2,841,442	7.4			1,043,918	4.2			1,008,951	4.1			1,832,491		N.M.
Greater Cleveland		3,071,014	8.0			1,995,203	8.0			2,126,795	8.6			944,219		44.4
Greater Akron/Canton		2,629,397	6.8			1,894,707	7.6			1,896,046	7.7			733,351		38.7
Southern Ohio/Kentucky		2,626,166	6.8			2,275,880	9.1			2,212,443	8.9			413,723		18.7
Mahoning Valley		1,540,095	4.0			—	—			—	—			1,540,095		—
Ohio Valley		1,374,947	3.6			—	—			—	—			1,374,947		—
West Michigan		2,966,558	7.7			2,757,434	11.0			2,938,112	11.9			28,446		1.0
East Michigan		2,420,169	6.3			2,418,450	9.7			2,357,607	9.5			62,562		2.7
Western Pennsylvania		1,663,174	4.3			—	—			—	—			1,663,174		—
Pittsburgh		933,468	2.4			—	—			—	—			933,468		—
Central Indiana		1,910,530	5.0			819,106	3.3			847,726	3.4			1,062,804		N.M.
West Virginia		1,559,864	4.1			1,515,999	6.1			1,517,834	6.1			42,030		2.8
Mortgage and other groups		1,319,027	3.4			387,819	1.5			354,888	1.4			964,139		N.M.

Regional Banking		32,787,777	85.4			20,230,607	80.8			20,301,257	82.1			12,486,520		61.5
Dealer Sales		63,399	0.2			58,885	0.2			58,918	0.2			4,481		7.6
Private Financial and Capital Markets Group		1,630,869	4.2			1,162,335	4.6			1,144,731	4.6			486,138		42.5
Treasury / Other⁽¹⁾		3,922,320	10.2			3,595,943	14.4			3,233,489	13.1			688,831		21.3

Total deposits	$	38,404,365	100.0	%	$	25,047,770	100.0	%	$	24,738,395	100.0	%	$	13,665,970		55.2	%


N.M., not a meaningful value.


⁽¹⁾		Comprised largely of national market deposits.

Huntington Bancshares Incorporated
Consolidated Quarterly Average Balance Sheets
(Unaudited)


	Average Balances															Change
Fully taxable equivalent basis	2007									2006						3Q07 vs 3Q06
(in millions)	Third			Second			First			Fourth			Third			Amount			Percent
Assets
Interest bearing deposits in banks	$	292		$	259		$	93		$	77		$	75		$	217			N.M.	%
Trading account securities		1,149			230			48			116			96			1,053			N.M.
Federal funds sold and securities purchased under resale agreements		557			574			503			531			266			291			N.M.
Loans held for sale		419			291			242			265			275			144			52.4
Investment securities:
Taxable		3,951			3,253			3,595			3,792			4,364			(413	)		(9.5	)
Tax-exempt		675			629			591			594			581			94			16.2

Total investment securities		4,626			3,882			4,186			4,386			4,945			(319	)		(6.5	)
Loans and leases:⁽¹⁾
Commercial:
Middle market commercial and industrial		10,301			6,209			6,070			5,882			5,651			4,650			82.3
Middle market commercial real estate:
Construction		1,782			1,245			1,151			1,170			1,129			653			57.8
Commercial		5,623			2,865			2,772			2,839			2,846			2,777			97.6

Middle market commercial real estate		7,405			4,110			3,923			4,009			3,975			3,430			86.3
Small business		4,310			2,499			2,466			2,421			2,413			1,897			78.6

Total commercial		22,016			12,818			12,459			12,312			12,039			9,977			82.9

Consumer:
Automobile loans		2,931			2,322			2,215			2,111			2,079			852			41.0
Automobile leases		1,423			1,551			1,698			1,838			1,976			(553	)		(28.0	)

Automobile loans and leases		4,354			3,873			3,913			3,949			4,055			299			7.4
Home equity		7,355			4,973			4,913			4,973			5,041			2,314			45.9
Residential mortgage		5,456			4,351			4,496			4,635			4,748			708			14.9
Other loans		647			424			422			430			430			217			50.5

Total consumer		17,812			13,621			13,744			13,987			14,274			3,538			24.8

Total loans and leases		39,828			26,439			26,203			26,299			26,313			13,515			51.4
Allowance for loan and lease losses		(475	)		(297	)		(278	)		(282	)		(291	)		(184	)		(63.2	)

Net loans and leases		39,353			26,142			25,925			26,017			26,022			13,331			51.2

Total earning assets		46,871			31,675			31,275			31,674			31,970			14,901			46.6

Cash and due from banks		1,111			748			826			830			823			288			35.0
Intangible assets		3,337			626			627			631			634			2,703			N.M.
All other assets		3,126			2,398			2,480			2,617			2,633			491			18.6

Total Assets	$	53,970		$	35,150		$	34,930		$	35,470		$	35,769		$	18,199			50.9	%


Liabilities and Shareholders’ Equity
Deposits:
Demand deposits — non-interest bearing	$	5,384		$	3,591		$	3,530		$	3,580		$	3,509		$	1,875			53.4	%
Demand deposits — interest bearing		3,808			2,404			2,349			2,219			2,169			1,639			75.6
Money market deposits		6,869			5,466			5,489			5,548			5,689			1,180			20.7
Savings and other domestic deposits		5,043			2,863			2,827			2,849			2,923			2,120			72.5
Core certificates of deposit		10,425			5,591			5,455			5,380			5,334			5,091			95.4

Total core deposits		31,529			19,915			19,650			19,576			19,624			11,905			60.7
Other domestic deposits of $100,000 or more		1,694			1,124			1,219			1,282			1,141			553			48.5
Brokered deposits and negotiable CDs		3,728			2,682			3,020			3,252			3,307			421			12.7
Deposits in foreign offices		701			552			562			598			521			180			34.5

Total deposits		37,652			24,273			24,451			24,708			24,593			13,059			53.1
Short-term borrowings		2,542			2,075			1,863			1,832			1,660			882			53.1
Federal Home Loan Bank advances		2,553			1,329			1,128			1,121			1,349			1,204			89.3
Subordinated notes and other long-term debt		3,912			3,470			3,487			3,583			3,921			(9	)		(0.2	)

Total interest bearing liabilities		41,275			27,556			27,399			27,664			28,014			13,261			47.3

All other liabilities		1,105			960			987			1,142			1,276			(173	)		(13.6	)
Shareholders’ equity		6,206			3,043			3,014			3,084			2,970			3,236			N.M.

Total Liabilities and Shareholders’ Equity	$	53,970		$	35,150		$	34,930		$	35,470		$	35,769		$	18,199			50.9	%


N.M., not a meaningful value.

⁽¹⁾		For purposes of this analysis, non-accrual loans are reflected in the average balances of loans.

Huntington Bancshares Incorporated
Consolidated Quarterly Net Interest Margin Analysis
(Unaudited)


	Average Rates⁽²⁾
	2007									2006
Fully taxable equivalent basis ⁽¹⁾	Third			Second			First			Fourth			Third
Assets
Interest bearing deposits in banks		4.69	%		6.47	%		5.13	%		5.50	%		5.23	%
Trading account securities		6.01			5.74			5.27			4.10			4.32
Federal funds sold and securities purchased under resale agreements		5.26			5.28			5.24			5.35			5.13
Loans held for sale		5.13			5.79			6.27			6.01			6.24
Investment securities:
Taxable		6.09			6.11			6.13			6.05			5.49
Tax-exempt		6.78			6.69			6.66			6.68			6.80

Total investment securities		6.19			6.20			6.21			6.13			5.64
Loans and leases: ⁽³⁾
Commercial:
Middle market commercial and industrial		7.77			7.39			7.48			7.55			7.40
Middle market commercial real estate:
Construction		7.67			7.62			8.41			8.37			8.49
Commercial		7.47			7.34			7.64			7.57			7.86

Middle market commercial real estate		7.52			7.42			7.87			7.80			8.05
Small business		7.34			7.30			7.24			7.18			7.13

Total commercial		7.60			7.38			7.56			7.56			7.56

Consumer:
Automobile loans		7.25			7.10			6.92			6.75			6.62
Automobile leases		5.56			5.34			5.25			5.21			5.10

Automobile loans and leases		6.70			6.39			6.25			6.03			5.88
Home equity		7.95			7.63			7.67			7.75			7.62
Residential mortgage		6.37			5.61			5.54			5.55			5.46
Other loans		10.71			9.57			9.52			9.28			9.41

Total consumer		7.26			6.69			6.58			6.58			6.46

Total loans and leases		7.45			7.03			7.05			7.04			6.96

Total earning assets		7.25	%		6.92	%		6.98	%		6.86	%		6.73	%


Liabilities and Shareholders’ Equity
Deposits:
Demand deposits — non-interest bearing		—	%		—	%		—	%		—	%		—	%
Demand deposits — interest bearing		1.53			1.22			1.21			1.04			0.97
Money market deposits		3.78			3.85			3.78			3.75			3.66
Savings and other domestic deposits		2.50			2.16			2.02			1.90			1.75
Core certificates of deposit		4.99			4.79			4.72			4.58			4.40

Total core deposits		3.69			3.49			3.41			3.32			3.20
Other domestic deposits of $100,000 or more		4.81			5.30			5.32			5.29			5.18
Brokered deposits and negotiable CDs		5.42			5.53			5.50			5.53			5.50
Deposits in foreign offices		3.29			3.16			2.99			3.18			3.12

Total deposits		3.94			3.84			3.81			3.78			3.66
Short-term borrowings		4.10			4.50			4.32			4.21			4.10
Federal Home Loan Bank advances		5.31			4.76			4.44			4.50			4.51
Subordinated notes and other long-term debt		6.15			5.96			5.77			5.96			5.75

Total interest bearing liabilities		4.24	%		4.20	%		4.14	%		4.12	%		4.02	%


Net interest rate spread		3.01	%		2.72	%		2.84	%		2.74	%		2.71	%
Impact of non-interest bearing funds on margin		0.51			0.54			0.52			0.54			0.51

Net interest margin		3.52	%		3.26	%		3.36	%		3.28	%		3.22	%


⁽¹⁾		Fully taxable equivalent (FTE) yields are calculated assuming a 35% tax rate. See page 7 for the FTE adjustment.

⁽²⁾		Loan, lease, and deposit average rates include impact of applicable derivatives and non-deferrable fees.

⁽³⁾		For purposes of this analysis, non-accrual loans are reflected in the average balances of loans.

Huntington Bancshares Incorporated
Quarterly Average Loans and Leases and Deposit
Composition By Business Segment
(Unaudited)


	Average Balances										Change
	2007						2006				3Q07 vs 3Q06
(in millions)	Third		Second		First		Fourth		Third		Amount			Percent
Loans and direct financing leases⁽¹⁾
Regional Banking:
Central Ohio	$	4,910	$	3,681	$	3,622	$	3,649	$	3,660	$	1,250			34.2	%
Northwest Ohio		2,341		452		455		469		462		1,879			N.M.
Greater Cleveland		2,993		2,064		1,964		1,942		1,961		1,032			52.6
Greater Akron/Canton		2,024		1,328		1,326		1,337		1,403		621			44.3
Southern Ohio/Kentucky		2,527		2,205		2,181		2,171		2,191		336			15.3
Mahoning Valley		871		—		—		—		—		871			—
Ohio Valley		759		—		—		—		—		759			—
West Michigan		2,484		2,447		2,441		2,439		2,408		76			3.2
East Michigan		1,662		1,639		1,626		1,609		1,585		77			4.9
Western Pennsylvania		1,069		—		—		—		—		1,069			—
Pittsburgh		912		—		—		—		—		912			—
Central Indiana		1,406		982		959		991		944		462			48.9
West Virginia		1,163		1,128		1,106		1,114		1,084		79			7.3
Mortgage and other groups		6,834		3,737		3,759		3,814		3,823		3,011			78.8

Regional Banking		31,955		19,663		19,439		19,535		19,521		12,434			63.7
Dealer Sales		5,374		4,888		4,917		4,915		4,972		402			8.1
Private Financial and Capital Markets Group		2,499		1,888		1,847		1,849		1,820		679			37.3
Treasury / Other		—		—		—		—		—		—			—

Total loans and direct financing leases	$	39,828	$	26,439	$	26,203	$	26,299	$	26,313	$	13,515			51.4	%


Deposit composition⁽¹⁾
Regional Banking:
Central Ohio	$	6,026	$	5,014	$	4,947	$	4,960	$	4,947	$	1,079			21.8	%
Northwest Ohio		2,856		1,070		1,061		1,010		1,019		1,837			N.M.
Greater Cleveland		2,969		2,024		2,005		2,068		2,079		890			42.8
Greater Akron/Canton		2,613		1,898		1,903		1,890		1,894		719			38.0
Southern Ohio/Kentucky		2,564		2,333		2,285		2,229		2,193		371			16.9
Mahoning Valley		1,562		—		—		—		—		1,562			—
Ohio Valley		1,380		—		—		—		—		1,380			—
West Michigan		2,868		2,784		2,790		2,818		2,897		(29	)		(1.0	)
East Michigan		2,423		2,397		2,431		2,370		2,313		110			4.8
Western Pennsylvania		1,695		—		—		—		—		1,695			—
Pittsburgh		943		—		—		—		—		943			—
Central Indiana		1,831		854		870		922		825		1,006			N.M.
West Virginia		1,562		1,535		1,533		1,522		1,501		61			4.1
Mortgage and other groups		1,597		487		396		399		390		1,207			N.M.

Regional Banking		32,889		20,396		20,221		20,188		20,058		12,831			64.0
Dealer Sales		56		55		52		56		58		(2	)		(3.4	)
Private Financial and Capital Markets Group		1,642		1,140		1,146		1,170		1,142		500			43.8
Treasury / Other		3,065		2,682		3,032		3,294		3,335		(270	)		(8.1	)

Total deposits	$	37,652	$	24,273	$	24,451	$	24,708	$	24,593	$	13,059			53.1	%


N.M., not a meaningful value.

⁽¹⁾		Prior period amounts have been reclassified to conform to the current period presentation.

Huntington Bancshares Incorporated
Selected Quarterly Income Statement Data ⁽¹⁾
(Unaudited)


	2007									2006						3Q07 vs 3Q06
(in thousands, except per share amounts)	Third			Second			First			Fourth			Third			Amount			Percent
Interest income	$	851,155		$	542,461		$	534,949		$	544,841		$	538,988		$	312,167			57.9	%
Interest expense		441,523			289,070			279,394			286,852			283,675			157,848			55.6

Net interest income		409,632			253,391			255,555			257,989			255,313			154,319			60.4
Provision for credit losses		42,007			60,133			29,406			15,744			14,162			27,845			N.M.

Net interest income after provision for credit losses		367,625			193,258			226,149			242,245			241,151			126,474			52.4

Service charges on deposit accounts		78,107			50,017			44,793			48,548			48,718			29,389			60.3
Trust services		33,562			26,764			25,894			23,511			22,490			11,072			49.2
Brokerage and insurance income		28,806			17,199			16,082			14,600			14,697			14,109			96.0
Other service charges and fees		21,045			14,923			13,208			13,784			12,989			8,056			62.0
Bank owned life insurance income		14,847			10,904			10,851			10,804			12,125			2,722			22.4
Mortgage banking income		9,629			7,122			9,351			6,169			8,512			1,117			13.1
Securities gains (losses)		(13,152	)		(5,139	)		104			(15,804	)		(57,332	)		44,180			(77.1	)
Other income ⁽²⁾		31,830			34,403			24,894			38,994			35,711			(3,881	)		(10.9	)

Total non-interest income		204,674			156,193			145,177			140,606			97,910			106,764			N.M.

Personnel costs		202,148			135,191			134,639			137,944			133,823			68,325			51.1
Outside data processing and other services		40,600			25,701			21,814			20,695			18,664			21,936			N.M.
Net occupancy		33,334			19,417			19,908			17,279			18,109			15,225			84.1
Equipment		23,290			17,157			18,219			18,151			17,249			6,041			35.0
Marketing		13,186			8,986			7,696			6,207			7,846			5,340			68.1
Professional services		11,273			8,101			6,482			8,958			6,438			4,835			75.1
Telecommunications		7,286			4,577			4,126			4,619			4,818			2,468			51.2
Printing and supplies		4,743			3,672			3,242			3,610			3,416			1,327			38.8
Amortization of intangibles		19,949			2,519			2,520			2,993			2,902			17,047			N.M.
Other expense ⁽²⁾		29,756			19,334			23,426			47,334			29,165			591			2.0

Total non-interest expense		385,565			244,655			242,072			267,790			242,430			143,135			59.0

Income before income taxes		186,734			104,796			129,254			115,061			96,631			90,103			93.2
Provision (benefit) for income taxes ⁽⁶⁾		48,535			24,275			33,528			27,346			(60,815	)		109,350			N.M.

Net income	$	138,199		$	80,521		$	95,726		$	87,715		$	157,446		$	(19,247	)		(12.2)	%


Average common shares — diluted		368,280			239,008			238,754			239,881			240,896			127,384			52.9	%

Per common share
Net income — diluted	$	0.38		$	0.34		$	0.40		$	0.37		$	0.65		$	(0.27	)		(41.5	)
Cash dividends declared		0.265			0.265			0.265			0.250			0.250			0.015			6.0

Return on average total assets		1.02	%		0.92	%		1.11	%		0.98	%		1.75	%		(0.73)	%		(41.7	)
Return on average total shareholders’ equity		8.8			10.6			12.9			11.3			21.0			(12.2	)		(58.1	)
Return on average tangible shareholders’ equity ⁽³⁾		20.9			13.6			16.5			14.5			27.1			(6.20	)		(22.9	)
Net interest margin ⁽⁴⁾		3.52			3.26			3.36			3.28			3.22			0.30			9.3
Efficiency ratio ⁽⁵⁾		57.7			57.8			59.2			63.3			57.8			(0.1	)		(0.2	)
Effective tax rate		26.0			23.2			25.9			23.8			(62.9	)		88.9			N.M.

Revenue — fully taxable equivalent (FTE)

Net interest income	$	409,632		$	253,391		$	255,555		$	257,989		$	255,313		$	154,319			60.4
FTE adjustment		5,712			4,127			4,047			4,115			4,090			1,622			39.7

Net interest income⁽⁴⁾		415,344			257,518			259,602			262,104			259,403			155,941			60.1
Non-interest income		204,674			156,193			145,177			140,606			97,910			106,764			N.M.

Total revenue⁽⁴⁾	$	620,018		$	413,711		$	404,779		$	402,710		$	357,313		$	262,705			73.5	%


N.M., not a meaningful value.

⁽¹⁾		Comparisons for presented periods are impacted by a number of factors. Refer to ‘Significant Items Influencing Financial Performance Comparisons’ contained in the October 18, 2007 earnings release for additional discussion regarding these key factors.

⁽²⁾		Automobile operating lease income and expense is included in ‘Other Income’ and ‘Other Expense’, respectively.

⁽³⁾		Net income less expense for amortization of intangibles (net of tax) for the period divided by average tangible common shareholders’ equity. Average tangible common shareholders’ equity equals average total common shareholders’ equity less average intangible assets and goodwill.

⁽⁴⁾		On a fully taxable equivalent (FTE) basis assuming a 35% tax rate.

⁽⁵⁾		Non-interest expense less amortization of intangibles divided by the sum of FTE net interest income and non-interest income excluding securities gains (losses).

⁽⁶⁾		The third quarter of 2006 included an $84.5 million benefit reflecting the resolution of a federal income tax audit of tax years 2002 and 2003, as well as the recognition of federal tax loss carry backs.

Huntington Bancshares Incorporated
Quarterly Mortgage Banking Income
(Unaudited)


	2007									2006						3Q07 vs 3Q06
(in thousands, except as noted)	Third			Second			First			Fourth			Third			Amount			Percent
Mortgage Banking Income
Origination and secondary marketing	$	8,375		$	6,771		$	4,940		$	4,057		$	3,070		$	5,305			N.M.	%
Servicing fees		10,811			6,976			6,820			6,662			6,077			4,734			77.9
Amortization of capitalized servicing⁽¹⁾		(6,571	)		(4,449	)		(3,638	)		(3,835	)		(4,484	)		(2,087	)		(46.5	)
Other mortgage banking income		3,016			2,822			3,247			1,778			3,887			(871	)		(22.4	)

Sub-total		15,631			12,120			11,369			8,662			8,550			7,081			82.8
MSR valuation adjustment ⁽¹⁾		(9,863	)		16,034			(1,057	)		(1,907	)		(10,716	)		853			(8.0	)
Net trading gains (losses) related to MSR hedging		3,861			(21,032	)		(961	)		(586	)		10,678			(6,817	)		(63.8	)

Total mortgage banking income	$	9,629		$	7,122		$	9,351		$	6,169		$	8,512		$	1,117			13.1	%


Capitalized mortgage servicing rights⁽²⁾	$	228,933		$	155,420		$	134,845		$	131,104		$	129,317		$	99,616			77.0	%
Total mortgages serviced for others (in millions)⁽²⁾		15,073			8,693			8,494			8,252			7,994			7,079			88.6
MSR % of investor servicing portfolio		1.52	%		1.79	%		1.59	%		1.59	%		1.62	%		(0.10	)%		(6.2	)


Net Impact of MSR Hedging
MSR valuation adjustment⁽¹⁾	$	(9,863	)	$	16,034		$	(1,057	)	$	(1,907	)	$	(10,716	)	$	853			(8.0)	%
Net trading gains (losses) related to MSR hedging		3,861			(21,032	)		(961	)		(586	)		10,678			(6,817	)		(63.8	)
Net interest income related to MSR hedging		2,357			248			—			(2	)		38			2,319			N.M.

Net impact of MSR hedging	$	(3,645	)	$	(4,750	)	$	(2,018	)	$	(2,495	)	$	—		$	(3,645	)		—	%


N.M., not a meaningful value.

⁽¹⁾		The change in fair value for the period represents the MSR valuation adjustment, net of amortization of capitalized servicing.

⁽²⁾		At period end.

Huntington Bancshares Incorporated
Quarterly Credit Reserves Analysis
(Unaudited)


	2007									2006
(in thousands)	Third			Second			First			Fourth			Third

Allowance for loan and lease losses, beginning of period	$	307,519		$	282,976		$	272,068		$	280,152		$	287,517

Acquired allowance for loan and lease losses		188,128			—			—			—			100
Loan and lease losses		(57,466	)		(44,158	)		(27,813	)		(32,835	)		(29,127	)
Recoveries of loans previously charged off		10,360			9,658			9,695			9,866			7,888

Net loan and lease losses		(47,106	)		(34,500	)		(18,118	)		(22,969	)		(21,239	)

Provision for loan and lease losses		36,952			59,043			29,026			14,885			13,774
Allowance for loans transferred to held-for-sale		(30,709	)		—			—			—			—

Allowance for loan and lease losses, end of period	$	454,784		$	307,519		$	282,976		$	272,068		$	280,152


Allowance for unfunded loan commitments and letters of credit, beginning of period	$	41,631		$	40,541		$	40,161		$	39,302		$	38,914

Acquired AULC		11,541			—			—			—			—
Provision for unfunded loan commitments and letters of credit losses		5,055			1,090			380			859			388

Allowance for unfunded loan commitments and letters of credit, end of period	$	58,227		$	41,631		$	40,541		$	40,161		$	39,302


Total allowances for credit losses	$	513,011		$	349,150		$	323,517		$	312,229		$	319,454


Allowance for loan and lease losses (ALLL) as % of:
Transaction reserve		0.97	%		0.94	%		0.89	%		0.86	%		0.86	%
Economic reserve		0.17			0.21			0.19			0.18			0.20

Total loans and leases		1.14	%		1.15	%		1.08	%		1.04	%		1.06	%

Non-performing loans and leases (NPLs)		182			145			180			189			217
Non-performing assets (NPAs)		105			118			137			141			164

Total allowances for credit losses (ACL) as % of:
Total loans and leases		1.28	%		1.30	%		1.23	%		1.19	%		1.21	%
Non-performing loans and leases		206			165			206			217			247
Non-performing assets		118			134			157			161			187

Huntington Bancshares Incorporated
Quarterly Net Charge-Off Analysis
(Unaudited)


	2007									2006
(in thousands)	Third			Second			First			Fourth			Third

Net charge-offs (recoveries) by loan and lease type:
Commercial:
Middle market commercial and industrial	$	7,760		$	3,628		$	(11	)	$	(1,827	)	$	1,742
Middle market commercial real estate:
Construction		2,160			2,876			9			3,957			(2	)
Commercial		2,282			10,428			377			144			644

Middle market commercial real estate		4,442			13,304			386			4,101			642
Small business		5,102			3,603			2,089			4,535			4,451

Total commercial		17,304			20,535			2,464			6,809			6,835

Consumer:
Automobile loans		5,354			1,631			2,853			2,422			1,759
Automobile leases		2,561			2,699			2,201			2,866			2,306

Automobile loans and leases		7,915			4,330			5,054			5,288			4,065
Home equity		10,841			5,405			5,968			5,820			6,734
Residential mortgage		4,405			1,695			1,931			2,226			876
Other loans		6,641			2,535			2,701			2,826			2,729

Total consumer		29,802			13,965			15,654			16,160			14,404


Total net charge-offs	$	47,106		$	34,500		$	18,118		$	22,969		$	21,239


Net charge-offs (recoveries) — annualized percentages:
Commercial:
Middle market commercial and industrial		0.30	%		0.23	%		—	%		(0.12	)%		0.12	%
Middle market commercial real estate:
Construction		0.48			0.92			—			1.35			—
Commercial		0.16			1.46			0.05			0.02			0.09

Middle market commercial real estate		0.24			1.29			0.04			0.41			0.06
Small business		0.47			0.58			0.34			0.75			0.74

Total commercial		0.31			0.64			0.08			0.22			0.23

Consumer:
Automobile loans		0.73			0.28			0.52			0.46			0.34
Automobile leases		0.72			0.70			0.52			0.62			0.47

Automobile loans and leases		0.73			0.45			0.52			0.54			0.40
Home equity		0.59			0.43			0.49			0.47			0.53
Residential mortgage		0.32			0.16			0.17			0.19			0.07
Other loans		4.11			2.39			2.56			2.63			2.54

Total consumer		0.67			0.41			0.46			0.46			0.40


Net charge-offs as a % of average loans		0.47	%		0.52	%		0.28	%		0.35	%		0.32	%

Huntington Bancshares Incorporated
Quarterly Non-Performing Loans (NPLs), Non-Performing Assets (NPAs) and Past Due Loans and Leases
(Unaudited)


	2007									2006
(in thousands)	September 30,			June 30,			March 31,			December 31,			September 30,

Non-accrual loans and leases:
Middle market commercial and industrial	$	56,691		$	41,644		$	32,970		$	35,657		$	37,082
Middle market commercial real estate		85,144			81,108			42,458			34,831			27,538
Small business		36,712			32,059			30,015			25,852			21,356
Residential mortgage		47,738			39,868			35,491			32,527			30,289
Home equity		23,111			16,837			16,396			15,266			13,047

Total non-performing loans and leases		249,396			211,516			157,330			144,133			129,312

Other real estate, net:
Residential		66,155			47,712			47,762			47,898			40,615
Commercial		2,710			1,957			1,586			1,589			1,285

Total other real estate, net		68,865			49,669			49,348			49,487			41,900
Impaired loans held for sale ⁽¹⁾		100,485			—			—			—			—
Other NPAs ⁽²⁾		16,296			—			—			—			—


Total non-performing assets	$	435,042		$	261,185		$	206,678		$	193,620		$	171,212


Non-performing loans and leases as a % of total loans and leases		0.62	%		0.79	%		0.60	%		0.55	%		0.49	%

NPA ratio ⁽³⁾		1.08			0.97			0.79			0.74			0.65

Accruing loans and leases past due 90 days or more	$	115,607		$	67,277		$	70,179		$	59,114		$	62,054

Accruing loans and leases past due 90 days or more as a percent of total loans and leases		0.29	%		0.25	%		0.27	%		0.23	%		0.24	%

	2007									2006
(in thousands)	Third			Second			First			Fourth			Third

Non-performing assets, beginning of period	$	261,185		$	206,678		$	193,620		$	171,212		$	171,068
New non-performing assets		92,986			112,348			51,588			60,287			55,490
Acquired non-performing assets		144,492			—			—			—			—
Returns to accruing status		(8,829	)		(4,674	)		(6,176	)		(5,666	)		(11,880	)
Loan and lease losses		(28,031	)		(27,149	)		(9,072	)		(11,908	)		(14,143	)
Payments		(17,589	)		(19,662	)		(18,086	)		(16,673	)		(16,709	)
Sales		(9,172	)		(6,356	)		(5,196	)		(3,632	)		(12,614	)


Non-performing assets, end of period	$	435,042		$	261,185		$	206,678		$	193,620		$	171,212



⁽¹⁾		Represent impaired loans obtained from the Sky acquisition that are intended to be sold. Held for sale loans are carried at the lower of cost or market value.

⁽²⁾		Other NPAs represent certain investment securities backed by mortgage loans to borrowers with low FICO scores.

⁽³⁾		Nonperforming assets divided by the sum of loans and leases, impaired loans held for sale, net other real estate, and other NPAs.

Huntington Bancshares Incorporated
Quarterly Stock Summary, Capital, and Other Data
(Unaudited)

Quarterly common stock summary


	2007									2006
(in thousands, except per share amounts)	Third			Second			First			Fourth			Third

Common stock price, per share
High ⁽¹⁾	$	22.930		$	22.960		$	24.140		$	24.970		$	24.820
Low⁽¹⁾		16.050			21.300			21.610			22.870			23.000
Close		16.980			22.740			21.850			23.750			23.930
Average closing price		18.671			22.231			23.117			24.315			23.942

Dividends, per share
Cash dividends declared on common stock	$	0.265		$	0.265		$	0.265		$	0.250		$	0.250

Common shares outstanding
Average — basic		365,895			236,032			235,586			236,426			237,672
Average — diluted		368,280			239,008			238,754			239,881			240,896
Ending		365,898			236,244			235,714			235,474			237,921

Book value per share	$	17.08		$	12.97		$	12.95		$	12.80		$	13.15
Tangible book value per share		7.68			10.33			10.29			10.12			10.50

Common share repurchases
Number of shares repurchased		—			—			—			3,050			—

Capital adequacy

	2007									2006
(in millions)	September 30,			June 30,			March 31,			December 31,			September 30,

Total risk-weighted assets⁽²⁾	$	45,978		$	32,121		$	31,473		$	31,155		$	31,330

Tier 1 leverage ratio⁽²⁾		7.58	%		9.07	%		8.24	%		8.00	%		7.99	%
Tier 1 risk-based capital ratio⁽²⁾		8.35			9.74			8.98			8.93			8.95
Total risk-based capital ratio⁽²⁾		11.54			13.49			12.82			12.79			12.81

Tangible equity / asset ratio		5.42			6.82			7.06			6.87			7.13
Tangible equity / risk-weighted assets ratio⁽²⁾		6.11			7.60			7.70			7.65			7.97
Average equity / average assets		11.50			8.66			8.63			8.70			8.30

Other data
Number of employees (full-time equivalent)		11,921			8,275			8,134			8,081			8,077
Number of domestic full-service banking offices⁽³⁾		620			379			375			381			381



⁽¹⁾		High and low stock prices are intra-day quotes obtained from NASDAQ.

⁽²⁾		September 30, 2007 figures are estimated. Based on an interim decision by the banking agencies on December 14, 2006, Huntington has excluded the impact of adopting Statement 158 from the regulatory capital calculations.

⁽³⁾		Includes Private Financial Group offices.

Huntington Bancshares Incorporated
Consolidated Year To Date Average Balance Sheets
(Unaudited)


	YTD Average Balances
Fully taxable equivalent basis	Nine Months Ended September 30,						Change
(in millions)	2007			2006			Amount			Percent

Assets
Interest bearing deposits in banks	$	187		$	44		$	143			N.M.	%
Trading account securities		480			84			396			N.M.
Federal funds sold and securities purchased under resale agreements		545			251			294			N.M.
Loans held for sale		318			279			39			14.0
Investment securities:
Taxable		3,601			4,333			(732	)		(16.9	)
Tax-exempt		632			562			70			12.5

Total investment securities		4,233			4,895			(662	)		(13.5	)
Loans and leases:⁽¹⁾
Commercial:
Middle market commercial and industrial		7,542			5,450			2,092			38.4
Middle market commercial real estate:
Construction		1,395			1,277			118			9.2
Commercial		3,764			2,720			1,044			38.4

Middle market commercial real estate		5,159			3,997			1,162			29.1
Small business		3,098			2,268			830			36.6

Total commercial		15,799			11,715			4,084			34.9

Consumer:
Automobile loans		2,492			2,039			453			22.2
Automobile leases		1,556			2,096			(540	)		(25.8	)

Automobile loans and leases		4,048			4,135			(87	)		(2.1	)
Home equity		5,756			4,969			787			15.8
Residential mortgage		4,771			4,563			208			4.6
Other loans		499			442			57			12.9

Total consumer		15,074			14,109			965			6.8

Total loans and leases		30,873			25,824			5,049			19.6
Allowance for loan and lease losses		(351	)		(289	)		(62	)		(21.5	)

Net loans and leases		30,522			25,535			4,987			19.5

Total earning assets		36,636			31,377			5,259			16.8

Cash and due from banks		925			823			102			12.4
Intangible assets		1,540			545			995			N.M.
All other assets		2,670			2,535			135			5.3

Total Assets	$	41,420		$	34,991		$	6,429			18.4	%


Liabilities and Shareholders’ Equity
Deposits:
Demand deposits – non-interest bearing	$	4,175		$	3,513		$	662			18.8	%
Demand deposits – interest bearing		2,859			2,110			749			35.5
Money market deposits		5,946			5,624			322			5.7
Savings and other domestic deposits		3,586			3,041			545			17.9
Core certificates of deposit		7,176			4,939			2,237			45.3

Total core deposits		23,742			19,227			4,515			23.5
Other domestic deposits of $100,000 or more		1,347			1,055			292			27.7
Brokered deposits and negotiable CDs		3,146			3,238			(92	)		(2.8	)
Deposits in foreign offices		605			487			118			24.2

Total deposits		28,840			24,007			4,833			20.1
Short-term borrowings		2,163			1,790			373			20.8
Federal Home Loan Bank advances		1,675			1,453			222			15.3
Subordinated notes and other long-term debt		3,624			3,570			54			1.5

Total interest bearing liabilities		32,127			27,307			4,820			17.7

All other liabilities		1,018			1,272			(254	)		(20.0	)
Shareholders’ equity		4,100			2,899			1,201			41.4

Total Liabilities and Shareholders’ Equity	$	41,420		$	34,991		$	6,429			18.4	%


N.M., not a meaningful value.

⁽¹⁾		For purposes of this analysis, non-accrual loans are reflected in the average balances of loans.

Huntington Bancshares Incorporated
Consolidated Year To Date Net Interest Margin Analysis
(Unaudited)


	YTD Average Rates⁽²⁾
	Nine Months Ended September 30,
Fully Taxable Equivalent basis ⁽¹⁾	2007			2006

Assets
Interest bearing deposits in banks		4.93	%		6.16	%
Trading account securities		5.94			4.24
Federal funds sold and securities purchased under resale agreements		5.26			4.76
Loans held for sale		5.61			6.13
Investment securities:
Taxable		6.11			5.29
Tax-exempt		6.71			6.78

Total investment securities		6.20			5.46

Loans and leases ⁽³⁾:
Commercial:
Middle market commercial and industrial		7.59			7.33
Middle market commercial real estate:
Construction		7.86			7.98
Commercial		7.48			7.06

Middle market commercial real estate		7.58			7.35
Small business		7.30			6.90

Total commercial		7.53			7.25

Consumer:
Automobile loans		7.11			6.51
Automobile leases		5.38			5.02

Automobile loans and leases		6.44			5.75
Home equity		7.77			7.32
Residential mortgage		5.87			5.40
Other loans		10.05			9.25

Total consumer		6.89			6.30

Total loans and leases		7.22			6.73

Total earning assets		7.08	%		6.51	%


Liabilities and Shareholders’ Equity
Deposits:
Demand deposits — non-interest bearing		—	%		—	%
Demand deposits — interest bearing		1.36			0.86
Money market deposits		3.80			3.35
Savings and other domestic deposits		2.28			1.61
Core certificates of deposit		4.87			4.13

Total core deposits		3.56			2.92
Other domestic deposits of $100,000 or more		5.10			4.87
Brokered deposits and negotiable CDs		5.48			5.11
Deposits in foreign offices		3.16			2.82

Total deposits		3.88			3.37
Short-term borrowings		4.29			3.94
Federal Home Loan Bank advances		4.97			4.28
Subordinated notes and other long-term debt		5.96			5.55

Total interest bearing liabilities		4.20			3.74


Net interest rate spread		2.88			2.77
Impact of non-interest bearing funds on margin		0.52			0.52

Net interest margin		3.40	%		3.29	%



⁽¹⁾		Fully taxable equivalent (FTE) yields are calculated assuming a 35% tax rate. See page 15 for the FTE adjustment.

⁽²⁾		Loan and lease and deposit average rates include impact of applicable derivatives and non-deferrable fees.

⁽³⁾		For purposes of this analysis, non-accrual loans are reflected in the average balances of loans.

Huntington Bancshares Incorporated
Selected Year To Date Income Statement Data ⁽¹⁾
(Unaudited)


	Nine Months Ended September 30,						Change
(in thousands, except per share amounts)	2007			2006			Amount			Percent

Interest income	$	1,928,565		$	1,525,678		$	402,887			26.4	%
Interest expense		1,009,987			764,490			245,497			32.1

Net interest income		918,578			761,188			157,390			20.7
Provision for credit losses		131,546			49,447			82,099			N.M.

Net interest income after provision for credit losses		787,032			711,741			75,291			10.6

Service charges on deposit accounts		172,917			137,165			35,752			26.1
Trust services		86,220			66,444			19,776			29.8
Brokerage and insurance income		62,087			44,235			17,852			40.4
Other service charges and fees		49,176			37,570			11,606			30.9
Bank owned life insurance income		36,602			32,971			3,631			11.0
Mortgage banking income		26,102			35,322			(9,220	)		(26.1	)
Securities (losses) gains		(18,187	)		(57,387	)		39,200			(68.3	)
Other income ⁽²⁾		91,127			124,143			(33,016	)		(26.6	)

Total non-interest income		506,044			420,463			85,581			20.4

Personnel costs		471,978			403,284			68,694			17.0
Outside data processing and other services		88,115			58,084			30,031			51.7
Net occupancy		72,659			54,002			18,657			34.5
Equipment		58,666			51,761			6,905			13.3
Marketing		29,868			25,521			4,347			17.0
Professional services		25,856			18,095			7,761			42.9
Telecommunications		15,989			14,633			1,356			9.3
Printing and supplies		11,657			10,254			1,403			13.7
Amortization of intangibles		24,988			6,969			18,019			N.M.
Other expense ⁽²⁾		72,516			90,601			(18,085	)		(20.0	)

Total non-interest expense		872,292			733,204			139,088			19.0

Income before income taxes		420,784			399,000			21,784			5.5
Provision for income taxes		106,338			25,494			80,844			N.M.

Net income	$	314,446		$	373,506		$	(59,060	)		(15.8	)%


Average common shares — diluted		282,014			239,933			42,081			17.5	%

Per common share
Net income per common share — diluted	$	1.12		$	1.56		$	(0.44	)		(28.2	)%
Cash dividends declared		0.795			0.750			0.045			6.0

Return on average total assets		1.02	%		1.43	%		(0.41	)%		(28.7	)%
Return on average total shareholders’ equity		10.3			17.2			(6.9	)		(40.1	)
Return on average tangible shareholders’ equity ⁽³⁾		17.3			21.5			(4.2	)		(19.5	)
Net interest margin ⁽⁴⁾		3.40			3.29			0.11			3.3
Efficiency ratio ⁽⁵⁾		58.2			58.1			0.1			0.2
Effective tax rate		25.3			6.4			18.9			N.M.

Revenue — fully taxable equivalent (FTE)
Net interest income	$	918,578		$	761,188		$	157,390			20.7	%
FTE adjustment ⁽⁴⁾		13,886			11,910			1,976			16.6

Net interest income		932,464			773,098			159,366			20.6
Non-interest income		506,044			420,463			85,581			20.4

Total revenue	$	1,438,508		$	1,193,561		$	244,947			20.5	%


N.M., not a meaningful value.

⁽¹⁾		Comparisons for presented periods are impacted by a number of factors. Refer to the ‘Significant Items Influencing Financial Performance Comparisons’ contained in the October 18, 2007 earnings release for additional discussion regarding these key factors.

⁽²⁾		Automobile operating lease income and expense is included in ‘Other Income’ and ‘Other Expense’, respectively.

⁽³⁾		Net income less expense for amortization of intangibles (net of tax) for the period divided by average tangible common shareholders’ equity. Average tangible common shareholders’ equity equals average total common shareholders’ equity less average intangible assets and goodwill.

⁽⁴⁾		On a fully taxable equivalent (FTE) basis assuming a 35% tax rate.

⁽⁵⁾		Non-interest expense less amortization of intangibles divided by the sum of FTE net interest income and non-interest income excluding securities losses.

Huntington Bancshares Incorporated
Year To Date Mortgage Banking Income
(Unaudited)


	Nine Months Ended September 30,						Change
(in thousands, except as noted)	2007			2006			Amount			Percent

Mortgage Banking Income
Origination and secondary marketing	$	20,086		$	14,160		$	5,926			41.9	%
Servicing fees		24,607			17,997			6,610			36.7
Amortization of capitalized servicing⁽¹⁾		(14,658	)		(11,309	)		(3,349	)		(29.6	)
Other mortgage banking income		9,085			8,395			690			8.2

Sub-total		39,120			29,243			9,877			33.8
MSR valuation adjustment ⁽¹⁾		5,114			6,778			(1,664	)		(24.6	)
Net trading gains (losses) related to MSR hedging		(18,132	)		(699	)		(17,433	)		N.M.

Total mortgage banking income	$	26,102		$	35,322		$	(9,220	)		(26.1	)%


Capitalized mortgage servicing rights⁽²⁾	$	228,933		$	129,317		$	99,616			77.0	%
Total mortgages serviced for others (in millions)⁽²⁾		15,073			7,994			7,079			88.6
MSR % of investor servicing portfolio		1.52	%		1.62	%		(0.10	)%		(6.2	)


Net Impact of MSR Hedging
MSR valuation adjustment⁽¹⁾	$	5,114		$	6,778		$	(1,664	)		(24.6	)%
Net trading gains (losses) related to MSR hedging		(18,132	)		(699	)		(17,433	)		N.M.
Net interest income related to MSR hedging		2,605			38			2,567			N.M.

Net impact of MSR hedging	$	(10,413	)	$	6,117		$	(16,530	)		N.M.	%


N.M., not a meaningful value.

⁽¹⁾		The change in fair value for the period represents the MSR valuation adjustment, net of amortization of capitalized servicing.

⁽²⁾		At period end.

Huntington Bancshares Incorporated
Year To Date Credit Reserves Analysis
(Unaudited)


	Nine Months Ended September 30,
(in thousands)	2007			2006

Allowance for loan and lease losses, beginning of period	$	272,068		$	268,347

Acquired allowance for loan and lease losses		188,128			23,784
Loan and lease losses		(129,437	)		(86,857	)
Recoveries of loans previously charged off		29,713			27,451

Net loan and lease losses		(99,724	)		(59,406	)

Provision for loan and lease losses		125,021			47,427
Allowance for loans transferred to held-for-sale		(30,709	)		—

Allowance for loan and lease losses, end of period	$	454,784		$	280,152


Allowance for unfunded loan commitments and letters of credit, beginning of period	$	40,161		$	36,957

Acquired AULC		11,541			325
Provision for unfunded loan commitments and letters of credit losses		6,525			2,020

Allowance for unfunded loan commitments and letters of credit, end of period	$	58,227		$	39,302


Total allowances for credit losses	$	513,011		$	319,454


Allowance for loan and lease losses (ALLL) as % of:
Transaction reserve		0.97	%		0.86	%
Economic reserve		0.17			0.20

Total loans and leases		1.14	%		1.06	%

Non-performing loans and leases (NPLs)		182			217
Non-performing assets (NPAs)		105			164

Total allowances for credit losses (ACL) as % of:
Total loans and leases		1.28	%		1.21	%
Non-performing loans and leases		206			247
Non-performing assets		118			187

Huntington Bancshares Incorporated
Year To Date Net Charge-Off Analysis
(Unaudited)


	Nine Months Ended September 30,
(in thousands)	2007			2006

Net charge-offs (recoveries) by loan and lease type:
Commercial:
Middle market commercial and industrial	$	11,377		$	8,145
Middle market commercial real estate:
Construction		5,045			(404	)
Commercial		13,087			2,411

Middle market commercial real estate		18,132			2,007
Small business		10,794			10,690

Total commercial		40,303			20,842

Consumer:
Automobile loans		9,838			5,908
Automobile leases		7,461			7,579

Automobile loans and leases		17,299			13,487
Home equity		22,214			16,034
Residential mortgage		8,031			2,279
Other loans		11,877			6,764

Total consumer		59,421			38,564


Total net charge-offs	$	99,724		$	59,406


Net charge-offs (recoveries) — annualized percentages:
Commercial:
Middle market commercial and industrial		0.20	%		0.20	%
Middle market commercial real estate:
Construction		0.48			(0.04	)
Commercial		0.46			0.12

Middle market commercial real estate		0.47			0.07
Small business		0.46			0.63

Total commercial		0.34			0.24

Consumer:
Automobile loans		0.53			0.39
Automobile leases		0.64			0.48

Automobile loans and leases		0.57			0.43
Home equity		0.51			0.43
Residential mortgage		0.22			0.07
Other loans		3.17			2.04

Total consumer		0.53			0.36


Net charge-offs as a % of average loans		0.43	%		0.31	%

Huntington Bancshares Incorporated
Year To Date Non-Performing Loans (NPLs), Non-Performing
Assets (NPAs) and Past Due Loans and Leases
(Unaudited)


	Nine Months Ended September 30,
(in thousands)	2007			2006

Non-accrual loans and leases:
Middle market commercial and industrial	$	56,691		$	37,082
Middle market commercial real estate		85,144			27,538
Small business		36,712			21,356
Residential mortgage		47,738			30,289
Home equity		23,111			13,047

Total non-performing loans and leases		249,396			129,312

Other real estate, net:
Residential		66,155			40,615
Commercial		2,710			1,285

Total other real estate, net		68,865			41,900
Impaired loans held for sale ⁽¹⁾		100,485			—
Other NPAs ⁽²⁾		16,296			—

Total non-performing assets	$	435,042		$	171,212


Non-performing loans and leases as a % of total loans and leases		0.62	%		0.49	%

NPA ratio ⁽³⁾		1.08			0.65

Accruing loans and leases past due 90 days or more	$	115,607		$	62,054

Accruing loans and leases past due 90 days or more as a percent of total loans and leases		0.29	%		0.24	%


	Nine Months Ended September 30,
(in thousands)	2007			2006

Non-performing assets, beginning of period	$	193,620		$	117,155
New non-performing assets ⁽⁴⁾		256,922			161,756
Acquired non-performing assets		144,492			33,843
Returns to accruing status		(19,679	)		(38,333	)
Loan and lease losses		(64,252	)		(34,283	)
Payments		(55,337	)		(42,796	)
Sales		(20,724	)		(26,130	)


Non-performing assets, end of period	$	435,042		$	171,212


⁽¹⁾		Represent impaired loans obtained from the Sky acquisition that are intended to be sold. Held for sale loans are carried at the lower of cost or market value.

⁽²⁾		Other NPAs represent certain investment securities backed by mortgage loans to borrowers with low FICO scores.

⁽³⁾		Nonperforming assets divided by the sum of loans and leases, impaired loans held for sale, net other real estate, and other NPAs.

⁽⁴⁾		Beginning in the second quarter of 2006, new non-performing assets include OREO balances of loans in foreclosure which are fully guaranteed by the U.S. Government that were reported in 90 day past due loans and leases in prior periods.