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Exhibit 99
HUNTINGTON BANCSHARES INCORPORATED
RATIO OF EARNINGS TO FIXED CHARGES
THREE MONTHS ENDED YEAR ENDED
DECEMBER 31 DECEMBER 31
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1999 1998 1999 1998
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EXCLUDING INTEREST ON DEPOSITS
Income before taxes $ 161,709 $132,547 (1) $ 614,771 $ 530,122 (1)
Fixed charges:
Interest expense 92,231 62,887 344,635 305,838
Interest factor of rent expense 3,929 2,790 11,928 10,237
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Total fixed charges 96,160 65,677 356,563 316,075
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Earnings $ 257,869 $198,224 $ 971,334 $ 846,197
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Fixed charges $ 96,160 $ 65,677 $ 356,563 $ 316,075
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RATIO OF EARNINGS TO FIXED CHARGES 2.68 X 3.02 X 2.72 X 2.68 X
INCLUDING INTEREST ON DEPOSITS
Income before taxes $ 161,709 $132,547 (1) $ 614,771 $ 530,122 (1)
Fixed charges:
Interest expense 262,854 233,094 984,240 978,271
Interest factor of rent expense 3,929 2,790 11,928 10,237
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Total fixed charges 266,783 235,884 996,168 988,508
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Earnings $ 428,492 $368,431 $1,610,939 $1,518,630
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Fixed charges $ 266,783 $235,884 $ 996,168 $ 988,508
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RATIO OF EARNINGS TO FIXED CHARGES 1.61 X 1.56 X 1.62 X 1.54 X
(1) Excludes 1998 special charges, including merger costs.