Huntington Bancshares (HBAN) 10-K 2011 FY Annual report

Exhibit 12.2

Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

	Twelve Months Ended December 31,
(dollar amounts in thousands of dollars)	2011			2010			2009			2008			2007
Earnings:
Income (loss) before income taxes	$	707,234		$	352,311		$	(3,678,183	)	$	(296,008	)	$	22,643
Add: Fixed charges, excluding interest on deposits and preferred stock dividends		97,035			102,969			155,269			351,672			431,320
Earnings available for fixed charges, excluding interest on deposits		804,269			455,280			(3,522,914	)		55,664			453,963
Add: Interest on deposits		260,051			439,049			674,101			931,679			1,026,388
Earnings available for fixed charges, including interest on deposits		1,064,320			894,329			(2,848,813	)		987,343			1,480,351
Fixed Charges:
Interest expense, excluding interest on deposits		81,004			87,537			139,754			334,952			415,063
Interest factor in net rental expense		16,031			15,432			15,515			16,720			16,257
Preferred stock dividends		30,813			172,032			174,756			46,400			—
Total fixed charges, excluding interest on deposits		127,848			275,001			330,025			398,072			431,320
Add: Interest on deposits		260,051			439,049			674,101			931,679			1,026,388
Total fixed charges, including interest on deposits	$	387,899		$	714,050		$	1,004,126		$	1,329,751		$	1,457,708
Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
Excluding interest on deposits		6.29	x		1.66	x		(10.67	)x		0.14	x		1.05	x
Including interest on deposits		2.74	x		1.25	x		(2.84	)x		0.74	x		1.02	x