HUNTINGTON BANCSHARES INC/MD HBANN Income Statement

Huntington bancshares inc/md (HBANN)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Interest and fee income:
Loans and leases
809,000	848,000	889,000	903,000	901,000	891,000	848,000	810,000	756,000	738,000	724,000	700,000	676,000	661,155	583,653	469,770	463,422	451,661	451,161	436,564	420,614	426,459	424,658	420,938	402,508	408,618	408,997	405,445	406,879	419,066	415,322	428,859	412,048	427,038	432,788	431,294	436,664	460,668	458,792	467,268	479,120	476,832	491,082
Available-for-sale securities
Tax-exempt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,806	1,302	713	3,184	604
Taxable
76,000	73,000	74,000	72,000	76,000	70,000	68,000	71,000	70,000	69,000	69,000	74,000	71,000	72,822	57,572	40,992	39,614	50,478	52,141	51,525	47,856	47,531	43,065	42,028	38,456	34,553	35,280	38,539	40,185	41,335	45,937	48,244	48,824	47,783	47,947	54,603	57,651	59,025	61,438	59,614	58,988	64,955	60,029
Tax-exempt
18,000	20,000	20,000	21,000	22,000	26,000	24,000	24,000	23,000	20,000	19,000	19,000	19,000	18,499	13,687	13,795	13,019	11,559	10,835	10,319	9,287	8,916	7,959	6,605	5,485	4,626	2,677	2,760	2,615	2,452	2,224	2,124	2,199	2,268	2,321	2,320	2,876	3,005	2,725	2,859	3,091	1,356	1,343
Held-to-maturity securities—taxable
59,000	54,000	54,000	56,000	54,000	52,000	52,000	53,000	54,000	55,000	49,000	44,000	45,000	32,693	33,098	35,420	36,789	25,780	19,811	20,742	20,667	21,013	21,777	22,614	23,320	18,378	12,220	9,778	9,838	9,244	5,592	4,538	4,714	4,867	5,059	1,287	0	-	0	-	-	-	-
Other securities—taxable
2,000	3,000	3,000	4,000	6,000	6,000	6,000	7,000	6,000	6,000	5,000	4,000	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income, Securities, Operating, Other, Tax Exempt
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
11,000	13,000	12,000	12,000	11,000	11,000	9,000	7,000	5,000	6,000	7,000	5,000	4,000	17,576	6,336	5,681	4,407	5,154	4,529	10,645	3,672	3,706	3,601	3,137	2,686	3,649	3,738	6,060	5,802	6,898	14,712	3,779	12,152	3,260	2,881	2,633	4,686	9,414	9,908	4,610	4,867	7,519	9,946
Total interest income
975,000	1,011,000	1,052,000	1,068,000	1,070,000	1,056,000	1,007,000	972,000	914,000	894,000	873,000	846,000	820,000	814,745	694,346	565,658	557,251	544,632	538,477	529,795	502,096	507,625	501,060	495,322	472,455	469,824	462,912	462,582	465,319	478,995	483,787	487,544	479,937	485,216	490,996	492,137	501,877	528,291	534,669	535,653	546,779	553,846	563,004
Interest expense:
Deposits
105,000	136,000	154,000	150,000	145,000	132,000	112,000	87,000	60,000	53,000	50,000	42,000	35,000	30,425	26,233	22,324	23,018	21,604	20,964	19,865	19,567	20,208	20,461	21,846	23,938	26,960	27,655	29,591	32,035	35,717	40,880	41,790	43,780	50,967	64,985	68,304	75,796	92,546	103,380	114,822	128,302	161,593	176,081
Short-term borrowings
12,000	8,000	13,000	19,000	14,000	6,000	9,000	14,000	19,000	8,000	6,000	5,000	6,000	2,230	959	913	898	535	192	731	542	820	878	720	522	129	158	179	234	363	544	558	583	763	932	856	949	1,071	945	515	476	-	-
Federal Home Loan Bank advances
-	-	-	-	-	-	-	-	-	-	-	-	0	-	66	72	69	483	69	71	377	363	395	172	81	306	197	273	301	129	135	333	222	155	234	215	220	273	601	1,035	1,212	-	-
Long-term debt
68,000	87,000	86,000	87,000	89,000	85,000	84,000	87,000	65,000	64,000	59,000	54,000	49,000	47,634	41,698	36,468	30,200	24,836	21,797	18,442	13,925	12,982	12,991	12,536	10,408	11,780	10,050	7,602	8,579	8,731	11,930	15,901	18,143	18,306	18,367	19,425	20,582	19,107	19,781	19,625	22,896	-	-
Other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,434	37,024
Total interest expense
185,000	231,000	253,000	256,000	248,000	223,000	205,000	188,000	144,000	125,000	115,000	101,000	90,000	80,082	68,956	59,777	54,185	47,458	43,022	39,109	34,411	34,373	34,725	35,274	34,949	39,175	38,060	37,645	41,149	44,940	53,489	58,582	62,728	70,191	84,518	88,800	97,547	112,997	124,707	135,997	152,886	191,027	213,105
Interest Income (Expense), Net
790,000	780,000	799,000	812,000	822,000	833,000	802,000	784,000	770,000	769,000	758,000	745,000	730,000	734,663	625,390	505,881	503,066	497,174	495,455	490,686	467,685	473,252	466,335	460,048	437,506	430,649	424,852	424,937	424,170	434,055	430,298	428,962	417,209	415,025	406,478	403,337	404,330	415,294	409,962	399,656	393,893	362,819	349,899
Provision for Loan and Lease Losses
441,000	79,000	82,000	59,000	67,000	60,000	53,000	56,000	66,000	65,000	43,000	25,000	68,000	75,104	63,805	24,509	27,582	36,514	22,476	20,419	20,591	2,494	24,480	29,385	24,630	24,331	11,400	24,722	29,592	39,458	37,004	36,520	34,406	45,291	43,586	35,797	49,385	86,973	119,160	193,406	235,008	475,136	413,707
Net interest income after provision for credit losses
349,000	701,000	717,000	753,000	755,000	773,000	749,000	728,000	704,000	704,000	715,000	720,000	662,000	659,559	561,585	481,372	475,484	460,660	472,979	470,267	447,094	470,758	441,855	430,663	412,876	406,318	413,452	400,215	394,578	394,597	393,294	392,442	382,803	369,734	362,892	367,540	354,945	328,321	290,802	206,250	158,885	-112,317	-63,808
Service charges on deposit accounts
87,000	95,000	98,000	92,000	87,000	94,000	93,000	91,000	86,000	91,000	91,000	88,000	83,000	91,278	86,847	75,613	70,262	72,505	75,157	70,118	62,220	67,408	69,118	72,633	64,582	69,992	72,918	68,009	60,883	68,083	67,806	65,998	60,292	63,324	65,184	60,675	54,324	55,810	65,932	75,934	69,339	80,811	75,353
Card and payment processing income
58,000	63,000	64,000	63,000	56,000	58,000	57,000	56,000	53,000	53,000	54,000	52,000	47,000	49,049	44,320	39,184	36,447	37,879	36,664	35,886	32,571	32,320	27,275	22,717	23,089	24,251	24,282	23,345	20,713	129,813	22,135	20,514	18,630	18,282	32,901	31,728	28,786	28,900	28,090	28,107	25,137	28,017	24,479
Trust and investment management services
47,000	47,000	44,000	43,000	44,000	42,000	43,000	42,000	44,000	41,000	39,000	37,000	39,000	48,742	28,923	22,497	22,838	35,439	24,972	26,550	29,039	37,794	28,045	26,491	23,642	30,711	30,470	30,666	31,160	-8,219	29,689	29,914	30,906	28,775	29,473	30,392	30,742	29,394	26,997	28,399	27,765	25,832	25,722
Brokerage and insurance income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,996	32,052
Mortgage banking income
58,000	58,000	54,000	34,000	21,000	23,000	31,000	28,000	26,000	33,000	34,000	32,000	32,000	37,263	40,603	31,591	18,543	31,565	18,956	38,518	22,961	690	25,051	29,581	29,565	24,327	23,621	33,659	45,248	-7,484	44,614	38,349	46,418	24,098	12,791	23,835	22,684	53,169	52,045	45,530	25,038	21,435	30,827
Brokerage income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,719	14,599	15,502	-	15,059	15,184	15,500	18,630	17,155	15,996	16,496	15,447	16,636	19,546	17,995	17,873	16,526	19,025	19,260	18,688	20,349	20,819	20,511	16,954	16,575	18,424	16,902	-	-
Capital markets fees
33,000	31,000	36,000	34,000	22,000	35,000	26,000	26,000	21,000	37,000	22,000	17,000	14,000	19,203	14,750	13,037	13,010	14,162	12,741	13,192	13,905	13,791	10,246	10,500	9,194	12,332	12,825	12,229	7,834	13,113	11,805	13,260	9,982	9,811	11,256	8,537	6,936	-	-	-	-	-	-
Insurance income
23,000	24,000	20,000	23,000	21,000	21,000	19,000	21,000	21,000	21,000	18,000	22,000	20,000	35,963	15,865	15,947	16,225	31,264	16,204	17,637	15,895	13,672	16,729	17,905	17,167	15,556	17,269	17,187	19,252	17,268	17,792	17,384	18,875	17,906	17,220	16,399	17,945	19,678	19,801	18,074	18,860	-	-
Bank Owned Life Insurance Income
16,000	17,000	18,000	15,000	16,000	16,000	19,000	17,000	15,000	18,000	16,000	15,000	18,000	17,499	14,452	12,536	13,513	13,041	12,719	13,215	13,025	14,988	14,888	13,865	13,307	13,816	13,740	15,421	13,442	13,767	14,371	13,967	13,937	14,271	15,644	17,602	14,819	16,113	14,091	14,392	16,470	13,639	14,266
Gain (Loss) on Sales of Loans, Net
8,000	16,000	13,000	13,000	13,000	16,000	16,000	15,000	8,000	17,000	14,000	12,000	13,000	24,834	7,506	9,265	5,395	10,085	5,873	12,453	4,589	5,408	8,199	3,914	3,570	7,144	5,063	3,348	2,616	20,690	6,591	4,131	26,770	2,884	19,097	2,756	7,207	-	-	-	-	-	-
Net (losses) gains on sales of securities
0	-22,000	0	-2,000	0	-	-2,000	0	-	-4,000	0	4,000	0	237	1,031	732	0	290	2,628	82	0	-104	198	490	16,970	1,239	184	610	187	876	4,285	603	624	-2,226	14	1,689	4,205	1,617	2,421	2,980	6,430	16,208	12,246
Impairment losses recognized in earnings on available-for-sale securities (a)
-	-	-	-	-	-	-	-	-	0	0	4,000	0	1,924	0	76	0	-440	2,440	0	0	0	0	0	0	0	86	1,020	696	13	116	253	1,237	1,652	1,364	182	4,165	1,720	2,717	2,824	6,461	18,582	19,586
Automobile operating lease income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,890	7,307	8,847	-	11,356	11,842	12,303	12,795	13,116
Noninterest Income, Other Operating Income
31,000	43,000	42,000	59,000	39,000	43,000	40,000	40,000	40,000	33,000	42,000	50,000	46,000	57,282	33,399	36,187	30,132	71,558	34,586	38,938	21,918	28,681	30,445	35,975	30,903	35,077	36,845	28,919	37,984	40,348	25,569	30,927	40,863	68,929	30,104	34,210	24,104	49,645	32,552	28,785	29,069	41,901	57,470
Total noninterest income
361,000	372,000	389,000	374,000	319,000	329,000	342,000	336,000	314,000	340,000	330,000	325,000	312,000	334,606	302,415	271,112	241,867	272,485	253,119	281,773	231,623	233,278	247,349	250,067	248,485	249,892	253,767	251,919	256,618	306,115	261,067	253,819	285,320	241,046	258,559	255,767	236,945	264,220	267,143	269,643	240,852	256,052	265,945
Personnel costs
395,000	426,000	406,000	428,000	394,000	399,000	388,000	396,000	376,000	373,000	377,000	392,000	382,000	359,630	405,024	298,949	285,397	288,679	286,270	282,135	264,916	263,289	275,409	260,600	249,477	249,554	229,326	263,862	258,895	253,952	247,709	243,034	243,498	228,101	226,835	218,570	219,028	212,184	208,272	194,875	183,642	172,152	171,735
Outside data processing and other services
85,000	89,000	87,000	89,000	81,000	83,000	69,000	69,000	73,000	71,000	80,000	75,000	87,000	88,952	91,133	63,037	61,878	63,422	58,535	58,508	50,535	53,685	53,073	54,338	51,490	51,071	49,313	49,898	49,265	49,215	49,880	48,568	42,592	55,401	49,602	43,889	40,282	43,509	38,553	40,670	39,082	38,285	40,006
Equipment
41,000	42,000	41,000	40,000	40,000	48,000	38,000	38,000	40,000	36,000	45,000	43,000	47,000	59,827	40,792	31,805	32,576	31,754	31,303	31,694	30,249	31,981	30,183	28,749	28,750	28,775	28,191	24,947	24,880	26,580	25,950	24,872	25,545	25,884	22,262	21,921	22,477	22,060	21,651	21,585	20,624	20,967	21,286
Net occupancy
40,000	41,000	38,000	38,000	42,000	70,000	38,000	35,000	41,000	36,000	55,000	53,000	68,000	49,360	41,460	30,704	31,476	33,058	29,061	28,861	31,020	31,565	34,405	28,673	33,433	31,983	35,591	27,656	30,114	29,008	27,599	25,474	29,079	26,841	26,967	26,885	28,436	31,001	26,718	25,388	24,755	25,382	24,430
Professional services
11,000	21,000	10,000	11,000	12,000	22,000	12,000	18,000	8,000	19,000	17,000	19,000	14,000	63,521	14,438	14,773	12,268	12,719	11,961	12,593	12,727	26,981	13,763	9,520	9,291	11,567	12,487	9,341	7,192	22,000	18,024	15,037	10,697	14,790	20,281	20,080	13,465	29,621	20,672	24,388	11,530	18,108	16,658
Amortization of intangibles
11,000	12,000	12,000	12,000	13,000	13,000	13,000	13,000	14,000	14,000	14,000	14,000	14,000	13,642	9,046	3,600	3,712	3,921	3,913	9,960	10,206	5,147	9,813	10,599	13,718	10,320	10,362	10,362	10,320	11,647	11,431	11,940	11,531	13,175	13,387	13,386	13,370	15,046	15,145	15,141	15,146	16,995	17,117
Marketing
9,000	2,000	16,000	12,000	7,000	10,000	17,000	15,000	11,000	9,000	15,000	18,000	18,000	-19,101	47,075	21,488	13,538	11,822	12,179	15,024	12,975	7,857	12,576	17,896	12,231	13,704	12,271	14,239	10,971	13,120	20,178	17,396	13,569	6,312	22,251	20,102	16,895	-4,953	20,921	17,682	22,697	8,259	7,491
Deposit and other insurance expense
9,000	10,000	8,000	8,000	8,000	9,000	18,000	18,000	18,000	19,000	19,000	20,000	20,000	15,665	14,940	12,187	11,208	11,496	11,550	11,787	10,167	11,898	11,628	14,832	10,686	10,056	11,155	13,460	15,490	16,327	15,534	15,731	20,738	18,481	17,492	23,823	17,896	18,989	23,406	26,067	29,086	23,851	48,138
Automobile operating lease expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,386	5,434	6,836	-	9,159	9,667	11,153	10,589	11,400
OREO and foreclosure expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	-	-	-4,982	-4,106	-4,950	-	-4,668	-4,398	-3,931	-11,966	-12,047	-4,970	-10,066	-38,968	-26,524
Telecommunications
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,902	6,088
Printing and supplies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,950	4,151
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4,231
Gains on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	0	0	-	-	-	-	-	60	73,038
Other noninterest expense
51,000	58,000	49,000	62,000	56,000	57,000	58,000	50,000	52,000	56,000	58,000	60,000	57,000	49,516	48,339	47,118	39,027	41,987	81,736	41,215	36,062	50,868	39,468	33,429	51,045	38,979	34,640	32,100	35,666	62,817	35,234	40,691	60,477	80,639	30,987	29,921	48,083	85,149	30,765	33,377	30,312	17,749	13,765
Noninterest Expense
652,000	701,000	667,000	700,000	653,000	711,000	651,000	652,000	633,000	633,000	680,000	694,000	707,000	681,012	712,247	523,661	491,080	498,858	526,508	491,777	458,857	483,271	480,318	458,636	460,121	446,009	423,336	445,865	442,793	470,628	458,303	444,269	462,676	430,274	439,118	428,409	430,699	434,593	427,309	413,810	398,093	401,097	339,982
Income before income taxes
58,000	372,000	439,000	427,000	421,000	391,000	440,000	412,000	385,000	411,000	365,000	351,000	267,000	313,153	151,753	228,823	226,271	234,287	199,590	260,263	219,860	220,765	208,886	222,094	201,240	210,201	243,883	206,269	208,403	230,084	196,058	201,992	205,447	180,506	182,333	194,898	161,191	157,948	130,636	62,083	1,644	-257,362	-137,845
Income Tax Expense (Benefit)
10,000	55,000	67,000	63,000	63,000	57,000	62,000	57,000	59,000	-20,000	90,000	79,000	59,000	74,011	24,749	54,283	54,957	55,935	47,002	64,057	54,006	57,151	53,870	57,475	52,097	52,029	65,047	55,269	55,129	72,537	28,291	49,286	52,177	49,888	38,942	48,980	34,745	35,048	29,690	13,319	-38,093	-91,172	-12,750
Net income
48,000	317,000	372,000	364,000	358,000	334,000	378,000	355,000	326,000	431,000	275,000	272,000	208,000	239,142	127,004	174,540	171,314	178,352	152,588	196,206	165,854	163,614	155,016	164,619	149,143	158,172	178,836	151,000	153,274	157,547	167,767	152,706	153,270	130,618	143,391	145,918	126,446	122,900	100,946	48,764	39,737	-166,190	-125,095
Dividends on preferred shares
18,000	19,000	18,000	18,000	19,000	19,000	18,000	21,000	12,000	19,000	19,000	19,000	19,000	18,591	18,537	19,874	7,998	8,099	7,968	7,968	7,965	7,963	7,964	7,963	7,964	7,965	7,967	7,967	7,970	7,973	7,983	7,984	8,049	7,703	7,703	7,704	7,703	83,754	29,495	29,426	29,357	29,223	57,451
Net income applicable to common shares
30,000	298,000	354,000	346,000	339,000	315,000	360,000	334,000	314,000	412,000	256,000	253,000	189,000	220,551	108,467	154,666	163,316	170,253	144,620	188,238	157,889	155,651	147,052	156,656	141,179	150,207	170,869	143,033	145,304	149,574	159,784	144,722	145,221	122,915	135,688	138,214	118,743	39,146	71,451	19,338	10,380	-195,413	-182,546
Average common shares—basic (in shares)
1,017,643	1,028,623	1,034,940	1,044,802	1,046,995	1,054,295	1,084,536	1,103,337	1,084,000	1,077,398	1,086,038	1,088,934	1,086,374	1,085,252	938,578	798,167	795,755	796,096	800,883	806,891	809,778	811,966	816,497	821,546	829,659	830,589	830,398	834,730	841,103	847,217	857,871	862,261	864,499	2,589,126	863,911	863	863	1,474,119	716	716,580	716,320	589	459
Average common shares—diluted (in shares)
1,034,576	1,047,125	1,051,273	1,060,280	1,065,638	1,072,588	1,103,740	1,122,612	1,125,000	1,221,109	1,106,491	1,108,527	1,108,617	1,104,359	952,081	810,371	808,349	810,143	814,326	820,238	823,809	825,337	829,623	834,687	842,677	842,323	841,025	843,840	848,708	853,305	863,588	867,551	869,164	2,601,128	867,633	867	867	1,479,428	719	719,387	718,593	589	459
Per common share:
Net income—basic (in usd per share)
0.03	0.30	0.34	0.33	0.32	0.30	0.33	0.30	0.29	0.38	0.24	0.23	0.17	0.20	0.12	0.19	0.21	0.22	0.18	0.23	0.19	0.19	0.18	0.19	0.17	0.18	0.21	0.17	0.17	0.17	0.19	0.17	0.17	0.14	0.16	0.16	0.14	0.05	0.10	0.03	0.01	-0.33	-0.40
Net income—diluted (in usd per share)
0.03	0.28	0.34	0.33	0.32	0.29	0.33	0.30	0.28	0.37	0.23	0.23	0.17	0.20	0.11	0.19	0.20	0.21	0.18	0.23	0.19	0.18	0.18	0.19	0.17	0.18	0.20	0.17	0.17	0.16	0.19	0.17	0.17	0.13	0.16	0.16	0.14	0.05	0.10	0.03	0.01	-0.33	-0.40
Cash dividends declared (in usd per share)
-	-	-	-	-	-	-	-	-	-	0.08	0.08	0.08	-	0.07	0.07	0.07	0.07	0.06	0.06	0.06	0.10	0.00	0.05	0.05	0.05	0.05	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Impairment losses on available-for-sale securities:
Total OTTI losses
-	-	-	-	-	-	-	-	-	0	0	4,000	0	2,191	0	76	3,733	-144	3,144	0	0	0	0	0	0	62	92	1,020	696	-1,849	253	2,245	1,237	10,815	6,040	1,812	-9,876	41,656	-27,775	-5,193	8,400	53,307	88,114
Noncredit-related portion of loss recognized in other comprehensive income
-	-	-	-	-	-	-	-	-	0	0	0	0	267	0	0	3,733	296	704	0	0	0	0	0	0	62	6	0	0	-1,862	137	1,992	0	9,163	4,676	1,630	-14,041	39,936	-30,492	-8,017	1,939	34,725	68,528