Bank of America 35th Annual Investment Conference

1
Bank of America35th AnnualInvestment Conference

• San Francisco
• September 19, 2005

2
Presentation Outline

• Who we are
• Where we were
• Where we are
• 2006-2008 Expectations
• Performance highlights
• Shareholder return

3
2001 2002 Issues Needing Attention

• Broken business model
• No defined market position or value proposition
• Centralized decision making/no local empowerment
• Lacking a sales/service culture
• Poor morale
• Weak market positioning
• Low return Florida banking franchise
• Outdated sales and service technology
• High-risk credit profile
• Stagnant / declining customer bases
• Low level / ineffective use of capital
• Poor financial performance
• Little growth in loans and deposits
• Deteriorating credit quality
• High efficiency ratio
• Declining / volatile earnings
• Low ROE

4
2003 2004 Other Issues

• Operating lease accounting
• Resulted in 1Q03 earnings restatement
• Additional earnings restatements
• 2Q03 and 3Q03related to certain deferral
  accounting issues and other accounting/reporting
  changes
• SEC formal investigation
• Resulted in strengthened corporate governance and
  oversight policies, practices and disciplines
• Banking regulatory investigation
• Unizan Financial acquisition postponed
• Formal written supervisory agreements (covering
  corporate governance, risk management, internal
  audit, and accounting / financial reporting
  oversight policies and practices)
• Much progress to date

5
Where We Are

• Market Positioning
• Focus on Ohio, Michigan, West Virginia, Indiana
  neighboring markets
• Focus on middle-market
  commercial, small
  business, consumer,
  
  high-wealth, and
  auto dealership clients
• Local execution within
  corporate standards
• Local discretion with
  performance
  accountability
• Local Bank with National Resources

6
Where We Are

• Winning at delivering Simply the Best service
• Improving in cross-sell
• Growing consumer and small business customers
• Growing market share
• Significantly stronger management team and higher
  associate morale
• Investments in banking offices, systems, and
  front-line technology paying off

7
Where We Are

• Significantly improved credit risk profile
• Decreased higher-risk loan portfolios
• Automobile loans/leases
• Shared national credits
• Outsized individual middle market CI / CRE
  exposure
• Increased lower-risk loan portfolios
• Residential real estate
• Home equity loans/lines
• Reduced NPA ratio to historically low levels
• Net charge-off outlook at bottom end of
  long-term, stable economy target range
• Strong reserve position
• Strong capital position with repurchase program
  in effect

8
2001 1H05 Performance Highlights
1H05 2004 2001 EPS 0.86 1.71 0.54 ROA 1.26
1.27 0.48 ROE 15.9 16.8 5.8 Net interest
margin 3.34 3.33 3.29 Efficiency
ratio 62.7 65.0 79.2 Loan lease growth (1)
12 11 1 Auto loan exposure (2) (3)
19 21 32 Core deposit growth
(1) 7 5 3 Net charge-offs (4) 0.37 0.35 0.81
NPA ratio (2) 0.40 0.46 1.23 ALLL/loans
leases (2) 1.04 1.29 2.00 ACL/NPLs
(2) 349 476 167 Tang. com. equity/risk
weighted assets (2) 8.05 7.86 5.86 (1)
Average (2) Period end (3) Total loans and
leases operating leases securitized loans (4)
1H05 annualized ALLL allowance for loan and
lease losses ACL ALLL allowance for unfunded
loan commitments
9
2006 2008 Expectations

• Good Underlying Fundamentals
• Improving sales and service performance
• Growing business/consumer relationships
• Business expansion opportunities expected
• Expectation
• Revenue 2-3 gt expenses
• Improve efficiency ratio 1/year
• Challenging Environment
• EPS growth mid/high-single digit
• Loan growth mid-single digit
• Deposit growth Low-mid-single digit

10
Net Income and EPS Trends
Net Income
Earnings Per Share
(MM)
Year-over-Year Change
Year-over-Year Change
(3)
(4)
11
Loan, Lease Operating Lease Asset Trends
Average (B) Annualized Growth
(1) 2Q05 v 1Q05 v 2Q05 v 2Q05 1Q05
4Q04 2Q04 Middle-market CI 4.9
16 18 8 Middle-market
CRE 3.6 7 11 12 Small business
CI/CRE 2.2 9 9 11 Total commercial 10.7
11 14 10 Auto loans (2) 2.1
12 20 (11) Auto
direct financing leases (3) 2.5 1 12 15 Home
equity 4.6 6 7 13 Residential real
estate 4.1 16 24 37 Other consumer 0.5 9
1 13 Total consumer 13.7 9 15
15 Total loans and leases 24.5 10 14 12 Oper
ating lease assets (3) 0.4 (91)
(73) (58) Total 24.9
8 12 9 Total earning assets (4)
29.2 2 9 6 (1) Linked quarter percent
change annualized (2) Reflects auto loans sold
(3) All new leases accounted for as direct
financing leases after April 2002 (4) Excludes
operating lease assets
12
Deposit Trends
Average (B) Annualized Growth
(1) 2Q05 v 1Q05 v 2Q05 v 2Q05 1Q05 4Q04
2Q04 Demand non-interest bearing 3.4 5
(10) 4 Demand interest bearing
7.7 (13) 14 7 Savings other time 3.2
(10) (10) (6) Core
deposits excl. CDs 14.3 (8) 3 3 Retail CDs 2.7
36 7
13 Total core deposits 17.0 (2)
3 5 Other deposits 4.9 46
nm 60 Total deposits 21.9 8 23 14 (1)
Linked quarter percent change annualized
13
Net Interest Income Margin Trends (1)
Net Interest Income (FTE)
Net Interest Margin (FTE)
Year-over-Year Change
(MM)
9
242 (2)
3.7
(2)
Steady Growth
(1) Fully taxable equivalent basis (2) Includes
3.7 million or 6 bps impact from one-time
adjustment to consolidated securitization
14
Non-interest Income
(MM) Better or (Worse)
vs. 2Q05 1Q05 (1) 2Q04 Operating lease
income 38.1 (8.6) (18)
(52) Deposit service charges 41.5
2.1 5
(5) Trust services 19.1 0.9 5 14 Brokerage /
insurance 13.5 0.5 4 -- Bank
owned life insurance 10.1 -- --
(10) Other service charges 11.3
1.1 11 6 Mortgage banking
(2.4)
(14.4) nm nm Securities gains (losses)
(0.3) (1.3) nm
96 Gain on sale of auto
loans 0.3 0.3 nm 95 Other 25.0
7.6 44
1 Total 156.2 (11.9)
(7) (28) Total xcld oper.
lease inc. 118.1 (3.2)
(3) (15) (1) Linked quarter
percentage growth is not annualized
15
Efficiency Ratio Trends
Objective Reduce 1-2 per year 1 reduction
approximately 0.04-0.07 annualized EPSor 2
- 4 increase (1)
(1) Based on 2Q05 GAAP results annualized and
2005 EPS analyst mean of 1.76
16
Adjusted Revenue Expense Trends (1)
(MM) Better or (Worse)
vs.
2Q05 1Q05 (2)
2Q04 Non-interest
income adj. 134.0 4.4 3.4 (10.4) Net
interest inc. FTE adj. 244.3 7.1 3.0 8.4 Total
revenue FTE - adjusted 378.3 11.5 3.2 0.9
Non-interest expense - adjusted 214.0 4.4 2.0 2
.2 Adjusted Revenue / expense
spread 5.2 3.1 Efficiency ratio (3)
adjusted 56.6 59.5 58.3 (1) Adjusted for
operating lease expense, MSR recovery
(impairment) net of hedge-related trading losses
(gains), securities gains (losses), 2Q05
write-off of equity investment, loan sale gains,
2Q05 severance and consolidation expense, and
SEC/regulatory expenses see Appendix for a
complete reconciliation between GAAP and adjusted
revenue and expenses (2) Linked quarter
percentage growth is not annualized (3)
Non-interest expense less amortization of
intangibles divided by the sum of FTE net
interest income and non-interest income
excluding securities gains (losses)
17
Credit Quality Trends

• NPA Ratio

• NCO Ratio (1)

(1) Annualized
18
Capital Trends (1)
6.25-6.50 TCE Ratio Target (2)
(1) End of period (2) Established 7/05. . .
Prior target was 6.50-6.75 established in 9/03
19
Relative Total Shareholder Return- 4 Years
Annual Equiv.Tot Return HBAN 15.2 SP Bank
Index 9.4 SP 500 -0.5
Significantly Outperformed
Includes reinvested dividends
20
Relative Total Shareholder Return 2005 YTD
Total Return HBAN -2.0 SP 500 Bank
Index -8.6 SP 500 2.9
Includes reinvested dividends
21
The Huntington Difference

• The Local Bank with National Resources
• With Simply the Best Service

22
Basis of Presentation

• Use of non-GAAP financial measures
• This presentation contains GAAP financial
  measures and non-GAAP financial measures where
  management believes it to be helpful in
  understanding Huntingtons results of operations
  or financial position. Where non-GAAP financial
  measures are used, the comparable GAAP financial
  measure, as well as the reconciliation to the
  comparable GAAP financial measure, can be found
  in this presentation or in the Quarterly
  Financial Review supplement to the current
  Earnings Press Release, which can be found on
  Huntingtons website at huntington-ir.com.
• Annualized data
• Certain returns, yields, performance ratios, or
  growth rates for a quarter are annualized in
  this presentation to represent an annual time
  period. This is done for analytical and
  decision-making purposes to better discern
  underlying performance trends when compared to
  full-year or year-over-year amounts. For
  example, loan growth rates are most often
  expressed in terms of an annual rate like 8. As
  such, a 2 growth rate for a quarter would
  represent an annualized 8 growth rate.
• Fully taxable equivalent interest income and net
  interest margin
• Income from tax-exempt earnings assets is
  increased by an amount equivalent to the taxes
  that would have been paid if this income had been
  taxable at statutory rates. This adjustment puts
  all earning assets, most notably tax-exempt
  municipal securities and certain lease assets, on
  a common basis that facilitates comparison of
  results to results of competitors.
• Earnings per share equivalent data
• Significant and/or one-time income or expense
  items may be expressed on a per common share
  basis. This is done for analytical and
  decision-making purposes to better discern
  underlying trends in total corporate earnings per
  share performance excluding the impact of such
  items. Investors may also find this information
  helpful in their evaluation of the companys
  financial performance against published earnings
  per share consensus amounts, which typically
  exclude the impact of significant and/or one-time
  items. Earnings per share equivalents are
  usually calculated by applying a 35 effective
  tax rate to a pre-tax amount to derive an
  after-tax amount which is divided by the average
  shares outstanding during the respective
  reporting period. Occasionally, when the item
  involves special tax treatment, the after-tax
  amount is separately disclosed, with this then
  being the amount used to calculate the earnings
  per share equivalent.
• Rounding
• Please note that columns of data in the following
  slides may not add due to rounding.
• NM or nm
• Percent changes of 100 or more are shown as
  nm or not meaningful. Such large percent
  changes typically reflect the impact of one-time
  items within the measured periods. Since the
  primary purpose of showing a percent change is
  for discerning underlying performance trends,
  such large percent changes are not meaningful
  for this purpose.

23
Forward Looking Comments

• This presentation contains certain
  forward-looking statements, including certain
  plans, expectations, goals, and projections, and
  including statements about the pending merger
  between Huntington and Unizan and regulatory
  matters, all of which are subject to numerous
  assumptions, risks, and uncertainties.
• Actual results could differ materially from those
  contained or implied by such statements for a
  variety of factors including the required
  governmental approvals of the Unizan merger may
  not be obtained on the proposed terms and
  schedule no assurances can be made as to the
  timing of a resolution to the regulatory matters
  changes in economic conditions movements in
  interest rates competitive pressures on product
  pricing and services success and timing of other
  business strategies the nature, extent, and
  timing of governmental actions and reforms and
  extended disruption of vital infrastructure and
  other factors described in Huntingtons 2004
  Annual Report on Form 10-K and documents
  subsequently filed by Huntington with the
  Securities and Exchange Commission.
• All forward-looking statements included in these
  materials are based on information available at
  the time they are issued.
• Huntington assumes no obligation to update any
  forward-looking statement.

24
The Local Bank With National Resources
25
Appendix
26
Appendix Contents

• Slides
• 2005 Financial Highlights Outlook 27
• 2004 / 2003 Summaries 33
• Performance Goals 38
• Franchise 40
• Market share 43
• Line of business overview 45
• Huntington template 47
• Organization/management 48
• 2001-2005 Milestones 51
• Income Statement 54
• Quarterly earnings 55
• Quarterly summaries 56
• Interest rate risk mgmt. 62
• Non-interest income 65
• Non-interest expense 71
• Revenue/expense analysis 73
• ROA, ROE, ICG trends 75
• Investment Securities 76

• Slides
• Loans and leases 79
• Ln/Lse by business segment 80
• Credit composition 81
• Commercial loans 84
• Consumer loans 93
• Deposits 104
• Capital 109
• Credit Quality 114
• Trends overview 115
• NPAs 116
• NCOs 119
• Delinquencies 122
• Allowances for credit losses 123
• Lines of Business 132
• Regional Bank 133
• Dealer Sales 153
• Pvt. Finl Capital Markets 165
• Corporate Matters 176

27
2005 FinancialHighlightsOutlook
28
2005 6 Month Highlights

• Financial Performance vs. 2004 6 Months
• 0.86 EPS
• 12 growth in average total loans and leases
• 14 growth in average total consumer loans
• 9 growth in average total commercial loans
• 7 growth in average core deposits
• Continued growth in consumer and small business
  relationships
• Higher net interest margin
• Mixed fee income performance
• Growth in trust income with declines in deposit
  service charges and brokerage and insurance
  improving 2Q05 trends in most key categories
• Good expense control
• Stable credit quality
• Continued strong capital levels

29
2005 6 Month Highlights

• Other
• Expanded / improved ATM network
• Signed agreement to install 99 ATMs in Walgreen
  stores across Ohio and Michigan in 2005 total
  ATMs 800
• Announced plans to upgrade or replace over 400
  ATMs during 2005
• Management appointments
• Melinda Ackerman EVP Human Resources Director
• Mahesh Sankaran EVP Treasurer
• Jerry Kelsheimer President Northern Ohio
  Region
• Increased common stock dividend
• 0.215 per common share
• 7.5 increase over previous quarterly dividend
• Announced resolution of SEC formal investigation
• Reactivated 7.5 million share repurchase program
• Repurchased 1.8 million shares

30
2005 6 Month Earnings Summary

After-tax EPS Net income
202.9 MM 0.86 Significant Items
Favorable/(Unfavorable)

Earnings (1) EPS Federal tax loss carry
back 13.0 (2) 0.06 Single middle market CI
NCO (6.4) (0.02) MSR temporary impairment net of
hedge related trading gains (4.0) (0.01) Severan
ce and consolidation expenses (3.6) (0.01) Write-o
ff of equity investment (2.1) (0.01) SEC/regulator
y expenses (2.0) (0.01) (1) Pre-tax unless
otherwise noted (2) After-tax
31
Performance Highlights
2Q05 1Q05 4Q04 3Q04 2Q04 EPS 0.45
0.41 0.39 0.40 0.47 ROA 1.31 1.20 1.13 1.1
8 1.41 ROE 16.3 15.5 14.6 15.4 19.1 Net
interest margin 3.36 3.31 3.38 3.30 3.29 Eff
iciency ratio 61.8 63.7 66.4 66.3 62.3 Loan
lease growth (1) 10 14 15 8 5 Core
deposit growth (2) (2) 3 10 7 19 Net
charge-offs (2) 0.27 0.47 0.36 0.30 0.23 NPA
ratio (3) (4) 0.40 0.30 0.46 0.36 0.34 ALL
L/loans leases (3) 1.04 1.09 1.15 1.25 1.32
ALLLallowance for unfunded commitments/loans
leases (3) 1.19 1.22 1.29 1.38 1.46 Tang.
com. equity/

risk weighted assets (3) 8.05 7.84 7.86 7.
83 7.64 (1) Average linked quarter growth
rate annualized reflects auto loans sold (2)
Average linked quarter growth rate
annualized (3) Period end (4) 3Q04 refined policy
to include 7.7 MM of home equity loans
32
2005 Outlook As of 7/20/05 (1)

• Earnings per share (2) 1.78 - 1.81
• Assumptions
• Good full-year revenue growth (3)
• Pressure on 2H05 net interest margin from 2Q05
  level
• Good full-year loan growth
• Deposit levels in 2H05 expected to reflect
  aggressive pricing pressure
• Flat expenses in 3Q05/4Q05 compared with 2Q05
  level (4)
• NPAs and ALLL ratios consistent with 2Q05 levels
• Full-year net charge-offs of 32-36 bp
• (1) NOTE This outlook guidance speaks only as
  of this date. The inclusion of this slide in any
  future handouts is for informational purposes
  only and DOES NOT constitute an update or
  reaffirmation the guidance given on this date.
• (2) Excludes any impact from future share
  repurchases and future benefit from the 1H05
  federal tax loss carry back and/or offsetting
  impacts from any balance sheet restructurings
  and/or expense initiatives
• (3) Excluding operating lease income
• (4) Excluding operating lease expense

33
2004 2003 Summaries
34
2004 Highlights

• Financial Performance
• 1.71 EPS a record
• 11 growth in average total loans and leases vs.
  2003 despite impact of 1.5B
  of auto loans sold in 2004
• 16 growth in average total consumer loans
• 4 growth in average total commercial loans
• 5 growth in average total core deposits 9
  excluding retail CDs
• 16 bp decline in net interest margin
• Strong credit quality performance
• Auto finance exposure lowered to 21 from 28 at
  12/31/03
• Growth in consumer and small business
  relationships

35
2004 Earnings Summary

After-tax EPS Net income
398.9 MM 1.71 Significant Items
Favorable/(Unfavorable)

Pre-tax EPS SEC-related
expense/accruals (13.6) (0.05) Gain on sale
of auto loans 14.2 0.04 Single CI
recovery 11.1 0.03 MSR impairment net of hedge
related trading gains and securities
gains 8.6 0.02 Property lease impairment (7.8) (0.
02) One-time adjustment to consolidated
securitization 3.7 0.01 Unizan conversion
expense (3.6) (0.01) Estimated benefit from
lower ALLL ratio 0.04
36
2003 Highlights

• Financial Performance
• 1.61 EPS
• 15 growth in average total loans and leases vs.
  2002 despite impact of 2.1B
  of auto loans sold in 2003
• 30 growth in average total consumer loans
• 2 growth in average total commercial loans
• 1 growth in average total core deposits 9
  excluding retail CDs
• 13 bp decline in net interest margin
• Much improved credit quality performance lower
  NPAs and net charge-offs
• Auto finance exposure lowered to 28 from 33 at
  12/31/02
• Growth in consumer and small business
  relationships

37
2003 Earnings Summary

After-tax EPS Net income
372.4 MM 1.61 Significant Items
Favorable/(Unfavorable)

Pre-tax EPS Restructuring
releases 6.7 0.02 Gain on sale of auto
loans 40.0 0.11 Cum. effect of change in
accounting (0.06) Gain on sale of branch
offices 13.1 0.04 Long-term debt
extinguishment (15.3) (0.04)
38
Performance Goals
39
Financial Performance Highlights

• L-T Target 1H05 2004 2003
• EPS growth 10 (7) 6 21
• ROE 18-20 16 17 17
• Efficiency ratio 50-54 63 65 64
• Net charge-offs 35-45 bp 37 bp 35 bp 81 bp
• NPL coverage top quartile 12 3 3
• TCE ratio 6.25-6.50 7.36 7.18 6.79
• Dividend payout (2) 40-45 48 44 42
• (1) Based on 20 BHC peer group
• (2) Dividends declared / EPS

40
Franchise
41
Huntington Bancshares Overview 6/30/05

• Midwest financial services holding company
• Founded - 1866
• Headquarters - Columbus, Ohio
• Total Assets - 33 billion
• Employees (1) - 7,713
• Franchise
• Regional Banking 5 States / 7 Regions
• - Retail Commercial Banking 344 Offices / 818
  ATMs
• Dealer Sales 5 States AZ, FL, GA, NC, PA,
  TN
• Private Financial Group 5 States / 5 offices
  FL / 4 offices (2)
• Mortgage Banking (3) 5 States MD, NJ
• (1) Full-time equivalent (FTE)
• (2) Includes office opened in 3Q05
• (3) Part of Regional Banking

42
The Huntington Franchise 6/30/05

• Focus on the Midwest (1)

• Total Deposits by LOB 18.9 B (2)

6

4
26
Offices 164 ATMs 399 Akron 4 Cincinnati 3 Clevel
and 4 Columbus 22 Toledo 12
7
Offices 112 ATMs 214 Detroit 3 Grand
Rapids 10 NW MI 19 CWest MI 13
10
Offices 22 ATMs 69 Indianapolis 2
12
21
14
Offices 12 ATMs 26
(1) Excludes 8 PFG offices including 3 in
FloridaMarket share at 6/30/04 and excludes
Unizan
Offices 26 ATMs 110 Charleston 10
(2) Excluding Treasury Less than 1
43
Growing Total Deposits

• Rank Rank ( MM)
• 6/01 6/04 MSA 6/01 6/04 Change
• 2 2 Columbus 3,175 5,658 2,483
• 9 7 Cleveland 1,613 2,259 646
• 8 8 Detroit 1,818 2,142 324
• 7 6 Cincinnati 853 1,231 378
• 3 3 Grand Rapids 695 1,114 419
• 5 4 Toledo 813 955 142
• 9 8 Indianapolis 421 559 138
• 3 3 Holland-Grand Haven 386 434 48
• 6 4 Charleston 339 419 80
• 9 9 Akron 306 392 86
• 10,419 15,163 4,744
• 46

Includes only deposits in Huntingtons 10 largest
MSAs and which represent 78 of 6/04 total
deposits Source SNL Financial as of 2/4/05,
adjusted for pending mergers with HBAN excluding
impact of Unizan
44
and Gaining Market Share

• 6/04 ( MM)
• Rank MSA 6/01 6/04 Change
• 2 Columbus 13.45 21.64 8.19
• 7 Cleveland 3.13 3.63 0.50
• 8 Detroit 2.70 2.81 0.11
• 6 Cincinnati 2.16 2.87 0.71
• 3 Grand Rapids 7.48 10.18 2.70
• 4 Toledo 10.10 11.58 1.48
• 8 Indianapolis 2.08 2.36 0.28
• 3 Holland-Grand Haven 14.67 13.33
  (1.34)
• 4 Charleston 8.14 9.91 1.77
• 9 Akron 3.52 4.14 0.62

Includes only deposits in Huntingtons 10 largest
MSAs and which represent 78 of 6/04 total
deposits Source SNL Financial as of 2/4/05,
adjusted for pending mergers with HBAN excluding
impact of Unizan
45
Line of Business Assets Deposits 6/30/05
Total Deposits 22.3 B
Total Credit Exposure 24.9 B
Treasury / Other 0.0 B 0
PF CMG 1.7 B 7
Treasury / Other 3.5 B 16
Dealer Sales 5.8 B 23
PF CMG 1.2 B 5
Dealer Sales 0.1 B
Regional Banking 17.5 B 70
Regional Banking 17.6 B 79
Less than 1
46
Line of Business Earnings Contribution 1H05
Earnings Contribution (MM)
1H05 Pct 1H04
Amt Chg Amt Regional
Banking 134.9 14 118.4 Dealer Sales
37.8 15 32.9 Private Financial and Capital
Markets Group 22.5 15 19.6 Treasury/Other 7.8 (77)
34.3 Total operating 202.9 (1) 205.3 Gain sale
auto loans -- nm 9.0 Total reported
202.9 (5) 214.3
Operating Earnings
47
The Huntington Template

• Market Positioning
• Local Bank with National Resources
• Local execution within corporate standards
• Local discretion with performance accountability
• Focus on Ohio, Michigan, West Virginia, Indiana
  and neighboring markets
• Focus on middle-market commercial, small
  business, consumer, high-wealth, and auto
  dealership clients
• Value Proposition
• Simply the Best service

48
Organization
National Resources
The Local Bank
LINES OF BUSINESS
REGIONS

• Commercial
• Retail
• Private Financial Group
• Dealer Sales
• Mortgage Company
• Capital Corp
• Huntington Investment Co.

Central Ohio
N. Ohio
E. Ohio/Unizan
S. Ohio/KY
CORPORATE SUPPORT
E. Michigan

• Legal
• Finance
• Operations and Technology
• Human Resources
• Risk Management
• Credit Administration

W. Michigan
Indiana
West Virginia
49
Senior Leadership Team

• Experience-Yrs
• Position Appointed Banking HBAN
• Tom Hoaglin President and CEO (1) 1Q01 32 4
• Ron Baldwin VC-Regional Banking 2Q01 34 4
• Dick Cheap General Counsel and Secretary 2Q98 7 7
• Dan Benhase SEVP-Pvt. Finl Cap.Mkts. 2Q00 24 5
• Mary Navarro SEVPRetail Group 2Q02 29 3
• Nick Stanutz SEVP-Dealer Sales 2Q99 26 19
• Melinda Ackerman EVP-Human Resources 1Q05 30
  (2) lt1
• Frank Capella EVP-Commercial Group 4Q04 23 9
• Willie Dolloff EVP-Operations/Technology 2Q00 32 3
  1
• Larry Hoover EVP-Chief Credit Officer 1Q97 29 24
• Don Kimble EVP-CFO and Controller 3Q04 17 lt1
• Jim Nelson EVP-Chief Risk Officer 4Q04 19 lt1
• Mahesh Sankaran EVP-Treasurer 1Q05 20 lt1
• Eric Sutphin EVP-Chief Auditor 3Q04 15 lt1
• (1) Appointed Chairman 3Q01
• (2) Outside of banking

50
Regional Banking Presidents

• Experience- Yrs
• Region Appointed Banking HBAN
• Jerry Kelsheimer Northern Ohio 1Q05 17 9
• Jim Kunk Central Ohio 1Q94 24 24
• Michael Prescott Southern Ohio / KY 2Q01 18 9
• Jim Dunlap West Michigan 3Q01 25 25
• Bruce Nyberg East Michigan 2Q01 32 3
• Cindy Keitch Indiana 3Q03 26 10
• Michael Comer West Virginia 1Q04 23 1

51
Major Milestones 2001 - 2003

• 2001
• 1Q - Hoaglin appointed CEO
• 2Q - Completed strategic review
• - Launched major restructuring initiative
• 3Q - 400 share employee option grant
• - Announced SunTrust to purchase Florida
  banking operations
• - Announced 20 dividend decrease
• 2002
• 1Q - Launched CSS/ARGO banking office teller
  technology upgrade
• - Closed Florida sale to SunTrust
• - Initiated 22 million share repurchase program
• - Acquired Haberer Investment Advisor
• - Launched online banking upgrade
• 3Q - Sold J. Rolfe Davis Insurance Agency
• - Restructured Huntington Merchant Services LLC
• - Acquired LeaseNet Group Inc.
• - 300 share employee option grant
• 4Q - Completed CSS/ARGO teller system
  installation

2003 1Q - Initiated 8 million share repurchase
program - Sold 556 mm of auto loans 2Q -
Announced formal SEC investigation and DFL/OL
restatement - Increased dividend 9.4 - Sold
570 mm of auto loans 3Q - Adopt FIN 46 -
Restatement for prospective adoption of deferral
accounting and other changes - Sold
Martinsburg, WV banking offices 4Q - Restatement
for retroactive application of deferral
accounting - Filed restated SEC filings - Sold
1,020 mm of auto loans - Sold 43 mm of NPAs -
Extinguished 250 mm of L-T debt - Launched ESS
platform system technology release 1
52
Major Milestones 2004

• 2004
• 1Q - Announced merger with Unizan Financial Corp.
• - Sold 868 mm of auto loans
• 2Q - Announced 14.3 increase in the common stock
  dividend
• - Federal Reserve extends review period for
  Unizan merger
• - Sold 512 mm of auto loans
• - Transferred 102 mm of auto loans to held for
  sale
• 3Q - Announced negotiations with SEC to resolve
  formal investigation
• - Kimble appointed Chief Financial Officer
• - Sutphin appointed Chief Auditor
• - Sold 153 mm of auto loans
• 4Q - Nelson appointed Chief Risk Officer
• - Announced expected Federal Reserve Bank of
  Cleveland (FRBC) and OCC formal supervisory
  agreements
• - Announced withdrawal of pending Unizan
  Financial Corp. merger application with the
  Federal Reserve and negotiations for a one-year
  extension of the Unizan merger agreement
• - Rating agency actions (see Capital Issues
  slide)
• - Announced extension to Unizan merger agreement
  
• - Completed ESS platform system technology
  release 1 installation

53
Major Milestones 2005

• 2005
• 1Q - Announced Federal Reserve and OCC formal
  supervisory agreements
• - Ackerman appointed Human Resources
• - Sankaran appointed Treasurer
• - Kelsheimer appointed President of Northern
  Ohio region
• 2Q - Announced resolution of SEC formal
  investigation
• - Reactivated 7.5 million share repurchase
  program
• - Launched business banking on-line

54
Income Statement
55
Quarterly Earnings
Change B (W)
vs. 1Q05 2Q04 (MM) 2Q05 1Q05
2Q04 Amt. Amt. Pct. Net interest
income 241.9 235.2 222.6 6.7 19.3
9 Provision
(12.9) (19.9) (5.0)
7.0 (7.9) nm Non-interest
income 156.2 168.1 218.1 (11.9)
(62.0) (28) Non-interest expense
(248.1) (258.3) (282.2) 10.1 34.0 12 Pret
ax income 137.0 125.1 153.5 11.9
(16.5) (11) Net income 106.4
96.5 110.1 9.9 (3.7)
(3) EPS 0.45 0.41 0.47
0.04 (0.02) (4)
56
2Q05 Earnings Summary

After-tax EPS Net income
106.4 MM 0.45 Significant Items

Favorable/(Unfavorable
)
Earnings (1) EPS Federal tax
loss carry back 6.6 (2) 0.03 MSR temporary
impairment net of hedge-related trading gains
(4.0) (0.01) Severance and consolidation
expenses (3.6) (0.01) Write-off of equity
investment (2.1) (0.01) (1) Pre-tax unless
otherwise noted (2) After-tax
57
1Q05 Earnings Summary

After-tax EPS Net income
96.5 MM 0.41 Significant Items

Favorable/(Unfavorable)

Earnings (1) EPS Federal tax
loss carry back 6.4 (2) 0.03 Single middle
market CI NCO (6.4) (0.02) SEC/regulatory
expenses (2.0) (0.01) (1) Pre-tax unless
otherwise noted (2) After-tax
58
4Q04 Earnings Summary

After-tax EPS Net income
91.1 MM 0.39 Significant Items
Favorable/(Unfavorable)

Earnings (1) EPS SEC-related
expense/accruals (6.5) MM (0.03) Property
lease impairments (7.8) (0.02) One-time
adjustment to consolidated securitization 3.7 0.0
1 (1) Pre-tax unless otherwise noted
59
3Q04 Earnings Summary

After-tax EPS Net income
93.5 MM 0.40 Significant Items
Favorable/(Unfavorable)

Earnings (1) EPS SEC-related
expense/accruals (5.5)MM (0.02) Unizan
conversion expense (1.8) (0.01) MSR temporary
impairment net of hedge-related trading losses
and securities gains 1.4 -- (1) Pre-tax
unless otherwise noted
60
2Q04 Earnings Summary

After-tax EPS Net income
110.1 MM 0.47 Significant Items
Favorable/(Unfavorable)

Earnings (1) EPS Gain on sale of auto
loans 4.9 MM 0.01 Single CI
recovery 9.7 0.03 MSR recovery net of securities
losses 1.2 -- (1) Pre-tax unless otherwise
noted
61
1Q04 Earnings Summary

After-tax EPS Net income
104.2 MM 0.45 Significant Items
Favorable/(Unfavorable)

Earnings (1) EPS Gain on sale of auto
loans 9.0 MM 0.03 MSR temporary impairment
net of securities gains 5.0 0.01 (1) Pre-t
ax unless otherwise noted
62
Managing Interest Rate Risk

• Philosophy
• Bank stock investors are interest rate risk
  averse
• Our mission is to generate predictable earnings
  streams
• Interest rate forecasting is not predictable
• Yield curve is not a good predictor of future
  interest rate changes or levels
• Upward sloping yield curve exists in most stages
  of the business cycle
• Therefore
• Our default position has been to be slightly
  liability sensitive
• Given the current rate environment, we are
  targeting a modestly asset sensitive position

63
Managing Interest Rate Risk (1)
Net Interest Income at Risk Forward Curve
2/-1 Gradual Change in Rates
(1) All leases treated on direct financing lease
basis
64
Managing Interest Rate Risk

• Board Policy Limits Modeled Exposure
• Net Interest Income at Risk (S-T measure) (1)
• bp change (2) (200) bp (100) bp
  100 bp 200 bp
• Policy limits (4.0) (2.0) (2.0) (4.0)
• 6/30/05 (2.2) (0.8) 0.4 0.7
• 3/31/05 (1.8) (0.8) 0.6 1.0
• 12/31/04 (1.2) (0.5) 0.2 0.2
• 9/30/04 N.M. (0.5) 0.3 0.5
• 6/30/04 N.M. (0.3) 0.0 (0.1)
• Economic Value of Equity at Risk (L-T measure)
  (2)
• bp change (2) (200) bp (100) bp
  100 bp 200 bp
• Policy limits (12.0) (5.0) (5.0) (12.0)
• 6/30/05 (3.0) (0.5) (1.6) (4.0)
• 3/31/05 (1.3) 0.4 (2.0) (4.8)
• 12/31/04 (3.0) (0.5) (1.5) (4.0)
• 9/30/04 N.M. (0.4) (1.4) (3.9)
• 6/30/04 N.M. 1.5 (2.8) (6.2)

65
Non-interest Income Trends
NII xcld. Oper. Lease. Inc.
Operating Lease Income
Year-over-Year Change
Year-over-Year Change
(MM)
(MM)
(15)
(52)
66
Deposit and Other Service Charges

• Deposit Service Charges

• Other Service Charges (1)

(MM)
(MM)
Linked Quarter Growth Rate
Linked Quarter Growth Rate
5
11
4
1
(5)
(6)
12
1
(2)
(4)
(1) Includes check card and ATM fees
67
Trust and Brokerage / Insurance Income

• Trust Services

• Brokerage/Insurance

(MM)
(MM)
Linked Quarter Growth Rates
Linked Quarter Growth Rates
5
4
2
2
1
5
(11)
(2)
(2)
1
68
Auto Loan Sales

• Strategy
• Lower exposure to auto business target 20 (1)
  
• Loans Sold 2Q05 1Q05 4Q04 3Q04 2Q04 1Q04
• Amount 53 MM -- -- 153 MM 512 MM 868 MM
• Average FICO score 741 -- -- 740 738 735
• Gain on sale (2) 0.3 MM -- -- 0.3 MM
  4.9 MM 9.0 MM
• Total auto exposure (1) (3) 19.5 20.3 20.6
  21.1 21.6 24.4
• (1) Auto loans and leases operating lease
  assets securitized auto loans /
  
  total loans and leases operating lease assets
  securitized auto loans
• 2Q05 entered arrangement to sell on a regular
  basis 50-75 of current auto loan production
• (2) 2Q04 gain includes a 0.3 MM write-down on
  102 MM of loans held for sale at 6/30/04

69
Mortgage Banking Income
(MM) 2Q05
1Q05 4Q04 3Q04
2Q04 Origination fees 3.1 2.7 3.3
3.2 3.3 Secondary marketing 1.7 2.5 1.6
-- 5.5 Servicing fees 5.5 5.4 5.7 5.4 5.5
Amortz. capitalized servicing (5.2) (4.8) (5.2) (4
.5) (4.1) Other mtg. banking income 2.8 2.5 2.6 4.
5 (1.8) Sub-total 7.9 8.3 8.1 8.6 8.4 MSR
recovery/(impairment) (10.2) 3.8 0.7 (4.1) 14.9 T
otal (2.4) 12.1 8.8 4.4 23.3 Net Impact of
MSR Hedging MSR recovery/(impairment) (10.2)
3.8 0.7 (4.1) 14.9 Net trading gains /
(losses) (1) 5.7 (4.2) (3.3) (2.3)
-- Net interest income (2) 0.5 0.8 1.5
-- -- Other (3)
-- --
-- -- (4.5) Net impact
(4.0) 0.4 (1.2) (6.5) 10.4 Securities
gains / (losses) (0.3) 1.0 2.1 7.8
(9.2) (1) Related to MSR hedging and included
in non-interest income (2) Related to MSR hedging
and included in net interest income (3) Included
in other mortgage banking income
70
Mortgage Banking
2Q05
1Q05 4Q04 3Q04
2Q04 Investor servicing portfolio (1)
7.0 B 6.9 B 6.9 B 6.8 B 6.5 B Weighted
average coupon 5.64 5.63 5.63 5.63 5.62
Originations 0.9 B 0.8 B 0.9 B 1.1 B
1.3 B Mortgage servicing rights 71.1 MM
81.0 MM 77.1 MM 76.5 MM 79.2 MM MSR of
investor servicing portfolio 1.02 1.17
1.12 1.13 1.21 (1) End of
period
71
Non-interest Expense
(MM) Better or (Worse)
vs. 2Q05 1Q05 (1) 2Q04 Personnel
costs 124.1 (0.1) --
(4) Operating lease
expense 28.9 9.1 24 54 Net occupancy 17.3
2.0 10 (6) Outside
services 18.1 0.7 4
(3) Equipment 15.6 0.2
1 4 Professional services 9.3
0.1 1 (19) Marketing 7.4
(1.0) (15) 8 Telecommunications
4.8 0.1 2
(4) Printing and supplies 3.3
(0.2) (6) (6) Amortization of
intangibles 0.2 -- -- -- Other 19.1
(0.7) (4) 27 Total 248.1 10.1 4 12
Total xcld oper. lease exp. 219.3 1.1 --
-- (1) Linked quarter percentage
growth is not annualized
72
Non-interest Expense Trends
NIE xcld. Op. Lse. Exp.
Operating Lease Expense
Year-over-Year Change
Year-over-Year Change
(MM)
(MM)
--
(54)
73
Revenue Trends
(MM) Better or (Worse)
vs.
2Q05 1Q05 (1)
2Q04 Non-interest income
GAAP 156.2 (11.9) (7.1) (28.4) Less Operat
ing lease expense 28.9 (9.1) (23.9) (53.8) MSR
net impact (2) (4.5) (4.1) nm
nm Securities gains
(losses) (0.3) (1.3) nm
nm Write-off of equity investment (2.1) (2.
1) nm nm Auto
loan sale gains 0.3 0.3
nm (94.8) Non-interest income
adj. 134.0 4.4 3.4 (10.4) Net interest inc.
FTE - GAAP 244.9 6.8 2.9 8.6 Less MSR-rela
ted trading net int. inc. 0.5 (0.3) (38.5)
nm Net interest inc. FTE
adj. 244.3 7.1 3.0 8.4 Total revenue FTE
GAAP 401.0 (5.1) (1.3) (9.6) Total revenue
FTE adj. 378.3 11.5 3.2 0.9 (1) Linked
quarter percentage growth is not annualized (2)
MSR recovery (impairment) net of hedge-related
trading losses (gains)
74
Expense Trends
(MM) Better or (Worse)
vs.
2Q05 1Q05 (1)
2Q04 Non-interest
expense GAAP 248.1 10.1 3.9 12.1 Less Oper
ating lease expense 28.9 (9.1) (23.9) (53.8) Sev
erance consolidation exp. 3.6 3.6
nm nm SEC/regulatory-related
exp. 1.7 0.3 14.6 (88.1) Non-interest expense
adj. 214.0 4.4 2.0 2.2
2Q05
1Q05
2Q04 Efficiency ratio (2) GAAP 61.8 63.7 62.3
Efficiency ratio (2) adj. 56.6 59.5 58.3
(1) Linked quarter percentage growth is not
annualized (2) Non-interest expense less
amortization of intangibles divided by the sum of
FTE net interest income and non-interest income
excluding securities gains (losses)
75
Performance Trends
(1) ICG ROE x (1-(dividend declared per
share/earnings per share))
76
InvestmentSecurities
77
Investment Securities
Average Balances
of Average Earning Assets
Year-over-Year Change
(MM)
(24)
Duration (yrs) 2.8 3.0 2.8 2.8 3.0
78
Available for Sale Securities Mix
12/31/03 4.9 B 3.7 Years 25/75 (1)
12/31/04 4.2 B 2.8 Years 40/60 (1)
6/30/05 3.8 B 3.0 Years 33/67 (1)
(1) Floating rate / Fixed rate
79
Loans and Leases
80
Loans and Leases by Business Segment

• Average (B) Annualized Growth
  (1)
• 2Q05 v 1Q05 v 2Q05 v
• 2Q05 1Q05 4Q04 2Q04
• Central Ohio 6.5 10
  15 23
• No. Ohio 2.9 8
  8 9
• So. Ohio / Kentucky 2.1 20 23 20
• W. Michigan 2.4 12 7 8
• E. Michigan 1.5 10 12 11
• West Virginia 0.9 13 1 12
• Indiana 1.0 17 33 31
• Regional Banking 17.3 12 14 17
• Dealer Sales (2) 5.5 6 16
  1
• Pvt. Finl Cap. Mkts. Group 1.7 5 15 12
• Total Loans and Leases 24.5 10
  14 12
• (1) Linked quarter percent change annualized
• (2) Impacted by automobile loans sales

81
Credit Composition 6/30/05
By Region or LOB
By Type (B) Amt
Pct Middle-market CI 4.9 20 Middle-market
CRE 3.6 14 Small business CI/CRE 2.3 9 Total
commercial 10.7 43 Auto loans 2.0 8 Auto direct
fin. leases 2.5 10 Home equity
4.7 19 Residential real estate 4.2 17 Other
consumer 0.5 2 Total consumer 13.8 56 Total
loans leases 24.6 99 Auto operating leases
0.4 1 Total credit exp. 24.9 100 Total auto
exposure 4.9 19
82
Credit Exposure Composition

12/31/04 12/31/03 12/31/02 (B)
Amt Pct
Amt Pct Amt Pct Middle-market CI
4.7 19 4.4 20 4.8
22 Middle-market CRE 3.5 15 3.2 14 2.9 13 Small
business CI CRE 2.1 9 1.9 8 1.7 8 Total
commercial 10.3 43 9.5 42 9.3 43 Auto loans (1)
1.9 8 3.0 13 3.0 14 Auto direct fin. leases
2.4 10 1.9 9 0.9 4 Home equity
4.6 19 3.7 17 3.2 15 Residential real
estate 3.8 16 2.5 11 1.7 8 Other
consumer 0.5 2 0.4 2 0.4 2 Total
consumer 13.3 55 11.6 52 9.3 42 Total loans
leases 23.6 98 21.1 94 18.6 85 Auto operating
leases 0.6 2 1.3 6 2.2 10 Auto loans securitized
(1) -- -- 0.0 -- 1.1 5 Total credit
exp. 24.1 100 22.4 100 21.9 100 Total
auto exposure (2) 5.0 21
6.2 28 7.2 33 (1) Reflects 7/1/03 adoption of
FIN 46 1.0 billion of securitized auto loans
added back to balance sheet in 3Q03 (2) As of
total loans and leasesauto operating leasesauto
loans securitized
83
Lower Credit Risk Profile (1)
(1) Percent of total credit exposure (total
loans and leases operating leases securitized
loans) (2) Total automobile loans and leases
operating leases securitized loans
84
Total Commercial Loans 6/30/05
10.7 B By Industry Sector
85
Total Commercial Loans 6/30/05
10.7 Billion
of Loans By Size
Loans By Size
422 2.0
18
3
21,146 98.0
17
61
86
Commercial Real Estate Loans (1) 6/30/05
4.5 Billion
3.5 Billion Excluding Owner Occupied
(2)
Indiana 9
Florida 1
Permanent 33
Columbus 19
W. Virginia 6
E. Michigan 14
Construction 55
W. Michigan 14
Cleveland 19
Mini-perm 12
Cincinnati 18
(1) Includes small business CRE (2) Huntington is
currently engaged in a Portfolio Management
practice designed to better identify CRE
relationships, and it is anticipated that any
changes will be reflected in 3rd quarter 2005.
87
Commercial Real Estate Loans (1) 6/30/05
4.5 Billion
3.5 Billion Excluding Owner Occupied
(2)
Raw Land
Other
Other
Raw Land
Health Care
Retail
Retail
Health Care
Hotel
Hotel
Single-family
Single-family
Industrial
Industrial
Land Devel.
Land Devel.
Multi-family
Office
Multi-family
Office
(1) Includes small business CRE (2) Huntington is
currently engaged in a Portfolio Management
practice designed to better identify CRE
relationships, and it is anticipated that any
changes will be reflected in 3rd quarter 2005.
88
Construction Real Estate Lending

• A Good Business
• Short-term portfolio 2-4 year average life
• Margins exceed C I lending by approximately 50
  bp
• More favorable risk-reward than permanent
  commercial real estate loans
• Recurring fee income given revolving nature of
  the portfolio
• Originated and managed by dedicated, experienced
  teams
• Approval through separate, specialized credit
  officers and dedicated process
• Conservative Underwriting Standards
• Secured, recourse, guaranteed debt provides three
  repayment sources
• LTV, debt service coverage, property types, and
  locations all underwritten to secondary market
  standards to enhance loan repayment
• Projects concentrated in major metro markets to
  enhance repayment through secondary loan market
• Customers within Huntingtons footprint
• Enforced standard pre-leasing requirements for
  office, retail and industrial property types to
  reduce market risk exposure
• Primary customer is 1st and 2nd tier developers

89
Growing Loans

• Middle-market CRE

Middle-market CI
(Average in MM)
(Average in MM)
Quarterly Growth Rate Annualized
Quarterly Growth Rate Annualized
(23)
7
16
(1)
(3)
10
19
18
(21)
12
5
5
30
--
11
13
90
Growing Loans
Small Business CI/CRE
(Average in MM)
Quarterly Growth Rate Annualized
9
12
12
10
9
12
11
9
91
Commercial Loan Trends (1)

• Growing middle-market C I credits
• Growing middle-market CRE loans
• Growing small business CI/CRE loans

(B)
Year-over-Year Change
8
12
11
Linked-quarter Change (2)
16
7
9
(1) Quarterly averages (2) Annualized 3Q04
reflects 282 MM of CI reclassified as CRE _at_
6/30/04
92
Shared National Credit Trends

• Reduced Shared National Credit exposure
• 55 reduction in outstandings from peak
• Focus on in-market, smaller club transactions

(B)
93
Consumer Loans Leases 6/30/05

• By Type
• (B) Amt Pct
• Auto loans 2.0 14
• Auto direct fin. leases 2.5 17
• Home equity 4.7 33
• Residential real estate 4.2 29
• Other consumer 0.5 4
• Total consumer 13.8 98
• Auto operating leases 0.4 2
• Total 14.2 100
• Home equity lines 3.7
• Home equity loans 1.0

94
Auto Loan and Lease Trends (1)
Auto Loans
Auto Leases
(B)
(B)
Year-over-Year Change
Year-over-Year Change
(8)
(11)
3.57
3.07
3.16
3.15
3.12
3.05
3.04
2.99
2.88
2.34
2.01
2.07
1.91
1.86
(1) Quarterly averages
95
Auto Loan and Lease Exposure Trends (1)
Loans Sold (MM)
-- 556 570 -- 1,020 868 512 (2)
153 -- -- 53
(1) (Auto loans direct financing leases
operating lease assets securitized auto loans)
/ (total loans and
leases operating lease assets securitized
auto loans) (2) Excludes 102 MM of loans held
for sale in 2Q04 and 77 MM of loans held for
sale in 2Q05
96
Indirect Auto Loans and Leases

• Current portfolio - 4.6 Billion
  (6.7 Billion serviced) (1)
• Centralized underwriting policies with seven
  regional locations
• Auto decision algorithm on 30-35 of
  applications
• Risk-based pricing matrix comprised of FICO, LTV,
  and age of collateral
• Excellent production capabilities for generating
  assets
• (1) Loans, DFL leases, OL leases, Securitized
  loans 2Q05 average balances

97
Indirect Auto Production

• (MM) 4Q02 1Q03 2Q03 3Q03 4Q03 1Q04 2Q04 3Q04 4Q
  04 1Q05 2Q05
• Auto Loans
• Production 609 711 644 739 662 488 431 3
  62 306 353 366
• new vehicles 52 52 55 64 62 53 52 47 44
  48 56
• Avg. LTV 92 92 92 91 90 94 96 94 92 93 9
  2
• Auto Direct Finance Leases
• Production 283 310 389 310 312 275 246 2
  68 270 185 161
• new vehicles 95 94 97 99 99 99 99 99 99
  99 98
• Avg. residual 42 42 44 43 44 42 41 42 44
  43 41
• Avg. LTV 99 99 98 98 98 99 101 101 101 10
  3 103

98
Growing Loans

• Home Equity Loans/Lines

• Residential Mortgages

(Average in MM)
(Average in MM)
Quarterly Growth Rate Annualized
Quarterly Growth Rate Annualized
6
16
14
22
21
31
22
14
7
44
82
28
47
67
24
24
99
Consumer Loan Trends Excluding Auto Loans and
Leases (1)
Year-over-Year Change
13
37
13
Linked-quarter Change (2)
(B)
6
16
9
(1) Quarterly averages (2) Annualized
100
Home Equity Loans and Lines

• Current portfolio (1) - 4.6 Billion
• Three origination channels (prior 12 months)
• Banking offices 65
• Broker relationships 20
• Huntington Call Center 15
• All applications centrally underwritten
• Broker applications decisioned separately with
  higher property valuation requirements and more
  conservative credit criteria
• Cross sold with first mortgage originations
• Primary product offers up to 89.9 loan to value
  (LTV)
• No product offering in excess of 100 LTV
• Debt/Income (D/I) policy of 45
• Risk based pricing matrix comprised of FICO
  score, LTV and D/I
• (1) 2Q05 average balances

101
Home Equity Production
(MM) 4Q02 1Q03 2Q03 3Q03 4Q03 1Q04 2Q04 3Q04
4Q04 1Q05 2Q05 Loans (1) Production 64 54 64
144 118 107 241 79 71 81 135 Avg.
LTV 72 69 70 66 66 61 61 66 63 61 60
Lines (2) Production 432 446 553 485 454
465 593 562 495 369 399 Avg.
LTV 79 79 79 79 79 79 80 80 81 80 79 (
1) Primarily fixed rate (2) Primarily variable
rate
102
Residential Real Estate

• Current portfolio (1) - 4.1 billion
• 70 of the current portfolio are ARMs, primarily
  3/1 and 5/1 ARMs
• 0.05 2004 net charge-off rate
• 0.04 2005 YTD net charge-off rate
• 3.09 30-day accruing past due rate
• 25MM of NPAs
• Pre-2002 Loans originated for sale
• 2002-2005 Strategy Origination of 3/1 and 5/1
  ARMs for portfolio
• (1) 2Q05 average balances

103
Other Consumer

• Current portfolio (1) - 0.5 billion
• 96 collateralized
• autos, untitled vehicles, small boats, mobile
  homes and other miscellaneous
• Primarily for existing customers
• Performed within expectations over the past year
  though varies by collateral type
• (1) 2Q05 average balances

104
Deposits
105
Core Deposit Trends Commercial vs. Consumer
Average (B) Annualized Growth
(1) 2Q05 v 1Q05 v 2Q05 v 2Q05 1Q05 4Q04
2Q04 Commercial Demand deposits non-int.
bearing 2.4 6 (18) 5 Demand
deposits int. bearing 2.3
(22) 32 10 Other deposits 0.4
(41) (23)
(9) Total 5.1 (11) 3 6 Consumer
Demand deposits non-int. bearing 0.9 1 13 2
Demand deposits int. bearing 5.3
(8) 6 6 Other
deposits 5.6 13 (1) 3 Total 11.8
2 3 4 Total Demand deposits
non-int. bearing 3.4 5
(10) 4 Demand deposits int. bearing 7.7
(13) 14 7 Other deposits 6.0 10
(3) 2 Total 17.0
(2) 3 5 (1) Linked quarter percent
change annualized
106
Total Deposits by Business Segment

• Average (B) Annualized Growth
  (1)
• 2Q05 v 1Q05 v 2Q05 v
• 2Q05 1Q05 4Q04 2Q04
• Central Ohio 4.8 8
  9 6
• No. Ohio 3.9 (15) 6
  6
• So. Ohio / Kentucky 1.8 (3)
  24 16
• W. Michigan 2.6 (7)
  2 1
• E. Michigan 2.3 (5) 18 10
• West Virginia 1.4 6 2 5
• Indiana 0.7 14 11 10
• Regional Banking 17.5 (2) 9 7
• Dealer Sales 0.1 (11) (6)
  (5)
• Pvt. Finl Cap. Mkts. Group 1.1
  14 (8) 6
• Treasury / Other 3.3 75 nm 78
• Total Deposits 21.9 8 23 14
• (1) Linked quarter percent change annualized

107
Growing Core Deposits

• Total Core Deposits

• Retail CDs (1)

(Average in MM)
(Average in MM)
Year-over-Year Change
Year-over-Year Change
5
13
(1) Included in total core deposits
108
Deposit Trends (1)
(B)
Year-over-Year Change
3
13
60
(1) Quarterly averages
109
Capital
110
Capital Trends (1)

• (B) 2Q05
  1Q05 4Q04 3Q04 2Q04
• Total risk-weighted assets 30.0 30.3
  29.5 28.7 28.4
• Tier 1 leverage 8.50 8.45 8.42 8.36 8.20
• Tier 1 risk-based capital 9.18 9.04
  9.08 9.10 8.98
• Total risk-based capital 12.39 12.33
  12.48 12.53 12.56
• Tangible equity / assets 7.36 7.42 7.18 7.11 6.95
• Tangible equity /
  
  risk-weighted assets 8.05 7.84 7.86 7.83
  7.64
• Double leverage (2) 87
  84 82 87
  89
• (1) Period end
• (2) (Parent company investments in subsidiaries
  goodwill) / equity

111
Capital Trends
Shareholders